True/False
A change in accounting estimate is an example of an accounting change that affects comparability and requires an explanatory paragraph in the audit report.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q19: Identify the special purpose framework used in
Q20: What is an auditor's responsibility for supplementary
Q21: Auditing standards define special purpose financial statements
Q22: If a public company issues financial statements
Q23: Which of the following would not require
Q25: When an auditor reports on financial statements
Q26: In the auditor's report, the principal auditor
Q27: The following four situations require a modification
Q28: When are an auditor's reporting responsibilities not
Q29: A special report related to compliance with