Which of the following is not an element of the auditor's responsibility of the auditor's report?
A) States the auditor's responsibility to express an opinion on the financial statements
B) States the audit provides reasonable assurance that the statements are free of material misstatement
C) States audit provides reasonable basis for the opinion
D) States the audit evaluates the overall financial statement presentation

Question

Quizplus · Accepted Answer

The auditor's responsibility in the auditor's report typically includes stating their responsibility to express an opinion on the financial statements, providing reasonable assurance that the statements are free of material misstatement, and stating that the audit provides a reasonable basis for their opinion. However, evaluating the overall financial statement presentation is not explicitly included in the auditor's responsibility section of the report. This may be mentioned in the report's introductory or concluding paragraphs, but it is not a specific element of the auditor's responsibility.

Which of the Following Is Not an Element of the Auditor's