What is the main objective of the audit of an entity's financial statements?

The main objective of the audit is to detect all types of fraud, even though many

types of fraud do not impact the financial statements. The importance of this is due

to the auditor being able to report that the financial statements as a whole are free

from material misstatement, whether due to fraud or error.

The main objective of an audit of financial statements is to obtain reasonable

assurance about whether the financial statements as a whole are free from material

misstatement. whether due to fraud or error, thereby enabling the auditor to express

an opinion in a written report on whether the financial statements are presented

fairly, in all material respects. in accordance with an applicable financial reporting

framework:

The main objective of the audit is to express an opinion on the financial statements

in accordance with SAS No$.125.$ The auditor obtains reasonable assurance about

whether the financial statements as a whole are free from material misstatement.

whether due to fraud or error.