Biology Forums - Study Force

Which of the following is a correct statement regarding the standard unmodified opinion audit report?

▸ The format of the audit report for public and nonpublic entities are identical.

▸ The auditor's responsibility paragraph includes a statement that the auditors are responsible for selecting the appropriate accounting principles.

▸ The audit report includes the name of the lead partner on the audit.

▸ The auditor's responsibilities paragraph includes a statement that the auditor considers internal controls when designing the audit procedures performed.

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