Which of the following is not explicitly stated within an audit report?
A) A statement that the auditor believes that the audit provides a reasonable basis for expressing negative assurance.
B) A statement that the auditor's responsibility is to express an opinion on the financial statements.
C) A statement that the financial statements in the report are the responsibility of management.
D) A title with the word "independent."
Main contents of Audit report are :-
Title (Indepdent auditors report), Addressee, Responsibility of the auditor and management of the corporation, Scope of audit, Opinion of the auditor, Basis of opinion, Signature of auditor, Place of signature, Date of audit report and Date of signature.
Options provided in the question covers Option B, Option C and Option D.
Hence A statement that the auditor believes that the audit provides a reasonable basis for expressing negative assurance is not expressly stated in Audit report.
Answr is Option A)
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