Which of the following statements is correct?
a. The fair presentation of audited financial
statements in accordance with applicable
financial reporting framework is an
implicit part of the auditor’s
responsibility.
b. Professional judgment can be used as the
justification for the decisions made by
the auditor that are not otherwise
supported by the facts and
circumstances of the engagement or
sufficient appropriate evidence.
c. Appropriateness is the measure of the
quality of evidence, that is, its reliability
and persuasiveness.
d. Most CPAs, including those who
provide audit and tax services, also
provide consulting services to their
clients.
a. The fair presentation of audited financial
statements in accordance with applicable
financial reporting framework is an
implicit part of the auditor’s
responsibility.
b. Professional judgment can be used as the
justification for the decisions made by
the auditor that are not otherwise
supported by the facts and
circumstances of the engagement or
sufficient appropriate evidence.
c. Appropriateness is the measure of the
quality of evidence, that is, its reliability
and persuasiveness.
d. Most CPAs, including those who
provide audit and tax services, also
provide consulting services to their
clients.