AICPA Exam CPA-Auditing Topic 2 Question 45 Discussion

Actual exam question for AICPA's CPA-Auditing exam

Question #: 45
Topic #: 2

When auditing an entity's financial statements in accordance with Government Auditing Standards (the Yellow Book), an auditor is required to report on:

i. Noteworthy accomplishments of the program.

ii. The scope of the auditor's testing of internal controls.

AI only.

BII only.

CBoth I and II.

DNeither I nor II.

Show Suggested Answer

Suggested Answer: B

Choice 'b' is correct. When auditing an entity's financial statements in accordance with Government Auditing Standards, an auditor is required to report on the scope of the auditor's testing of internal control, but not on noteworthy accomplishments of the program.

Choices 'a', 'c', and 'd' are incorrect, based on the above Explanation: .

by Stephen at May 05, 2022, 04:02 PM

Limited Time Offer

25%

Off

Get Premium CPA-Auditing Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Currently there are no comments in this discussion, be the first to comment!