When an auditor uses the work of an expert,who has the responsibility for arriving at an overall conclusion regarding the truth and fairness of a client's financial report?
A)the expert
B)the auditor
C)the client's audit committee
D)the client's management

Question

Quizplus · Accepted Answer

The responsibility for arriving at an overall conclusion regarding the truth and fairness of the client's financial report rests solely with the auditor. While the auditor may rely on the work of an expert, the final conclusion is still the responsibility of the auditor. The expert may provide assistance, but they do not have the ultimate responsibility for the audit opinion.

When an Auditor Uses the Work of an Expert,who Has