Auditing · Nature and Objectives of Audit
Which of the following is NOT an objective of an audit?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1To express an opinion on whether the financial statements are prepared in accordance with an applicable financial reporting framework.
- 2To give a report on the financial statements.
- 3To obtain absolute assurance that financial statements are free from material misstatement.✓
- 4To communicate the auditor’s findings.
Correct answer
To obtain absolute assurance that financial statements are free from material misstatement.
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