Which of the following is not true about an audit report for an issuer (i.e., a public) company. Question 50 options: It describes an audit in terms consistent with the audit risk model. It has a title that refers to the auditor’s independence. It is dated as of the day that the auditor had sufficient, appropriate evidence. It refers to Generally Accepted Auditing Standards.

First option is wrong because the statement is true. The audit report of an issuer company describes…

Answered: not true about an audit report for an…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Which of the following is not true about an audit report for an issuer (i.e., a public) company.

Question 50 options:

	It describes an audit in terms consistent with the audit risk model.
	It has a title that refers to the auditor’s independence.
	It is dated as of the day that the auditor had sufficient, appropriate evidence.
	It refers to Generally Accepted Auditing Standards.

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