An auditor may prepare or provide an opinion on information other than general purpose financial statement information, on all the following engagements except
A) reports prepared in accordance with a special purpose framework.
B) reports on the component of the financial statements.
C) reports on the expected market value of the shares price for the following five years.
D) reports on compliance with contractual agreements.

Question

Quizplus · Accepted Answer

An auditor may prepare or provide an opinion on reports prepared in accordance with a special purpose framework (A), reports on the component of the financial statements (B), reports on compliance with contractual agreements (D). However, an auditor is not typically engaged to provide an opinion on the expected market value of shares for the following five years (C).

An Auditor May Prepare or Provide an Opinion on Information