Before expressing an opinion concerning the results of operations, the auditor would most likely proceed with the examination of the income statement by

Question

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To ensure the accuracy of the income statement, the auditor should examine income statement accounts concurrently with their related balance sheet accounts. This helps to identify any misstatements in the income statement that may be caused by errors in the balance sheet accounts. It also allows the auditor to verify the completeness and accuracy of both financial statements. Options A, B, and C are relevant procedures but would not be the most likely approach to examine the income statement before expressing an opinion.

Before Expressing an Opinion Concerning the Results of Operations, the Auditor