The accounting decisions that were made when preparing a company's financial statements are explained in the auditor's report.

Question

Quizplus · Accepted Answer

The accounting decisions made when preparing a company's financial statements are explained in the notes to the financial statements, not in the auditor's report. The auditor's report provides an opinion on whether the financial statements are presented fairly, in all material respects, in accordance with the applicable financial reporting framework.

The Accounting Decisions That Were Made When Preparing a Company's