What would a financial statement user learn from reading the auditors' report?

Question

Quizplus · Accepted Answer

The auditors' report provides information on whether the financial statements are prepared in accordance with GAAP and whether they fairly present the company's financial results. Therefore, both options A and B are correct. The auditors' report may also provide additional information such as any significant accounting policies or procedures that were used in preparing the financial statements, any limitations on the scope of the audit, and any issues or disagreements with management that arose during the audit process.

What Would a Financial Statement User Learn from Reading the Auditors