In audits of state and local government units which of the following sections are not required in the auditor's report for a GAAS audit?   Group of answer choices 1: Responsibilities of Management for the Financial Statements. 2: Auditor’s Responsibilities for the Audit of the Financial Statements. 3: Report on Waste and Abuse. 4: Basis for Opinion.

Q: entify the three types of modification to an auditor’sopinion on financial statements according to…

A: Auditors report Auditors report is the disclaimer issued by internal auditor or an external auditor…

Q: Which of the following outcomes is NOT a desired outcome of a financial audit?    Test internal…

A: A financial audit is an independent review of an organization's financial statements, records, and…

Q: A CPA audits the financial statements of an issuer. Which statement relating to CAMs is TRUE? a. If…

A: Critical Audit Matters which is also written as CAMs are the matters which arises from the audit and…

Q: Which of the following is not true about the major differences in the scope of audit…

A: In the given choices for the major differences in the scope of audit responsibilities for CPAS, GAO…

Q: Which of the following statements is not true with respect to the responsibility for establishing…

A: The statement that is not true with respect to the responsibility for establishing auditing…

Q: In an audit in accordance Government Auditing Standards, the auditors are required to provide a…

A: Government audit is performed by Comptroller General who follows Generally Accepted Goveenment…

Q: what is the  purpose of the Generally Accepted Government Auditing Standards

A: Generally Accepted Government Auditing Standards (GAGAS) are issued by the Comptroller General and…

Q: In an audit in accordance with generally accepted auditing standards, the auditors must test…

A: In accordance with GAAS, the auditor must perform test compliance as part of risk assessment…

Q: Discuss briefly: (i) The independent auditor’s report describing the scope of the statutory audit.

A: “Since you have posted multiple questions, we will provide the solution only to the first question…

Q: discussed in the chapter, the results of test of control should ultimately influence the auditors…

A: Internal control refers to a system of policies, procedures, and practices established and…

Q: Generally accepted government auditing standards (GAGAS) can apply to a:   Group of answer choices…

A: Auditing standards are those which are provided by the appropriate organizations for the auditors so…

Q: not true about an audit report for an issuer

A: First option is wrong because the statement is true. The audit report of an issuer company describes…

Q: Auditors performing audits under the Single Audit Act issue an opinion on whether the Schedule of…

A: The term "auditing" normally refers to an objective review and evaluation of a company's financial…

Q: Which of the following information should a successor auditor obtain during the inquiry of the…

A: Comment; We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: What are the major types of audits and audit engagements described in the Government Accountability…

A: Financial audits, Attestation Engagements, and performance audits are the main categories of audits…

Q: Although the scope of audits of recipients of federal financial assistance in accordancewith federal…

A: Answer - Option(3) The auditor should obtain written management representations that the…

Q: Describe the major changes to the Auditor's Report as recommended by ASB (Auditing Standards Board )…

A: An impartial external auditor generally audits a corporation's financial statements. The ultimate…

Q: All statements are true b. All statements are false c. S1 and S2 are true d. S2 and S3 is true

A: Correct Option : D