How does the information in the preceding paragraphs compare to the information in the Basis for Opinion section in the standard unmodified opinion audit report ex- ample for a public company shown in Figure 3-3 (p. 54)?

Auditor’s Responsibilities for the Audit of the Financial Statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is […]

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