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The auditing standard that is relevant to ISA 250, consideration of Laws and Regulations in an audit of financial statements. Could you identify the opinion/s,
The auditing standard that is relevant to ISA 250, consideration of Laws and Regulations in an audit of financial statements. Could you identify the opinion/s, which is not the objective of ISA 250? a. To obtain sufficient appropriate audit evidence regarding compliance with the provisions of those laws and regulations O b. To respond appropriately to non-compliance or suspected non-compliance identified during the audit O c. To ignore non-compliance identified during the audit as it is regular practice of entity O d. To perform specified audit procedures to help to identify non-compliance with other laws and regulations A professional accountant should respect the confidentiality of information acquired as a result of professional and business relationships. How could an auditor achieve confidentiality of the information? a. All the options O b. Disclosure any such information to third parties as required by law O c. Disclosure of any such information to third party with proper and specific authority O d. Non-disclosure any such information to third parties
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