Question
Question 1071 pts An auditor reads management's commentary included in a countys comprehensive annual financial report and identifies a material inconsistency with the financial statements.
Question 1071 pts
An auditor reads management's commentary included in a countys comprehensive annual financial report and identifies a material inconsistency with the financial statements. The auditor determines that the financial statements do not require revision. Which of the following actions should the auditor take?
Group of answer choices
a. Request that the entity revise management's commentary.
b. Include an emphasisofmatter paragraph in the auditors report.
c. Consider withdrawing from the engagement.
d. Request a client representation letter acknowledging the inconsistency.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started