• When an audit client includes pro-forma financial information in its SEC filing:
  1. The auditor must perform a separate audit of the pro-forma information.
  2. The auditor is required to review the pro-forma information to see if it is inconsistent with the financial statements.
  3. The auditor may be engaged by an underwriter to provide a comfort letter on the pro-forma information.
  4. 1 and 2 only.
  5. 2 and 3 only.

Group of answer choices

1

2

3

4

5