Câu 110: AUD: CPA Auditing and Attestation Exam

In its annual report to shareholders, Lake Co. included a separate management report that contained additional information. Lake's auditor is expressing an unqualified opinion on Lake's financial statements but has not been engaged to examine and report on this additional information. What is the auditor's responsibility concerning such a report?

1. A. The auditor should add an explanatory paragraph to the report on the financial statements disclaiming an opinion on the additional information.
2. B. The auditor has no obligation to read the management report or to verify the accuracy or appropriateness of its contents.
3. C. The auditor should request Lake to place the management report in its annual report where it will not be misinterpreted to be the auditor's assertion.
4. D. The auditor should read the management report and consider whether it contains a material misstatement of fact. — đáp án hiện tại