Week 3 Assignment
Class: Auditing
Due date: 05/21/2021
In the class textbook
Auditing and Assurance Services 14th ed.,
read Chapter 3 and write a 1,100-word (minimum) essay that answers the
questions below:
3-1 (Objective 3-1) Explain
why auditors’ reports are important to users of financial statements and why it
is desirable to have standard wording.
3-2 (Objective 3-1) List the
seven parts of a standard unqualified audit report and explain the meaning of
each part. How do the parts compare with those found in a qualified report?
3-3 (Objective 3-1) What are
the purposes of the scope paragraph in the auditor’s report? Identify the most
important information included in the scope paragraph.
3-4 (Objective 3-1) What are
the purposes of the opinion paragraph in the auditor’s report? Identify the
most important information included in the opinion paragraph.
Make sure to include at least
3 references with in-text citations and a conclusion (add a heading for the
conclusion). Essay must be written in APA style.
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