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on 18 Laila is the audit head of LJ Audit and Assurance Firrn, the firm is appointed to conduct assurance engagement with PMN Company as
on 18 Laila is the audit head of LJ Audit and Assurance Firrn, the firm is appointed to conduct assurance engagement with PMN Company as the company is requested by Nizwa Bank to provide to the bank an audit report for the audit period January to Decernber 2019. Which of the following statement is false with regards to this assurance engagement? red out of 1 on O a. The intended user Nizwa Bank has the right to request for the audit report of an external party, LJ Firm as the practitioner can provide the Bank an assurance on the accuracy and validity of the financial statements being audited O b. None of these statements is false O c. The responsible party PMN Company should provide the intended user Nizwa Bank the requested audit report by an external party, LJ Firm as the practitioner, on the operational efficiency of the routine activities of PMN Company, the responsible party. d. LJ Assurance firm is the practitioner, PMN Company is the responsible party and Nizwa Bank is the intended user
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