Which of the following is NOT normally included in an auditor’s report?
Correct answerD. Involvement of any specialist
Explanation
An audit report contains the opinion, its basis and the respective responsibilities of directors and auditors; the auditor does not refer to specialists used, since this could imply a division of responsibility.
Correct answerA. When a company negotiates a friendly takeover, it usually appoints a firm of accountants to carry out due diligence on the takeover target
Discussion