When asked to perform an audit to express an opinion on one or more specified elements, accounts, or items of a financial statement, the auditor:may not describe auditing procedures applied.
The following questions concern reports issued by auditors, other than those on historical financial statements. Choose the best response. a. An auditor is reporting on cash basis financial statements. These statements are best referred to in the opinion of the auditor by which of the following descriptions? (1) Cash receipts and disbursements and the assets […]