Focus on: Reporting—Module 5
AUDIT REPORTS
Be familiar with the key details of the standard reports of
- Auditing Standards Board
- Public Company Accounting Oversight Board
Standard Report—Unmodified Opinion, Nonpublic Company
Required title (“Independent” should be in title)
Addressee (company, board of directors and/or stockholders—not management)
Introductory paragraph
Management’s responsibility for the financial statements (section with this heading)
Auditor’s responsibility (section with this heading)
Get Wiley CPAexcel Exam Review 2014 Focus Notes: Auditing and Attestation now with the O’Reilly learning platform.
O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.