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Business, 05.11.2019 02:31 Imthiccasf

Gole, cpa, is engaged to review the year 2 financial statements of north co., a nonissuer. previously, gole audited north’s year 1 financial statements and expressed an unmodified opinion. gole decides to include a separate paragraph in the year 2 review report because north plans to present comparative financial statements for year 2 and year 1. this separate paragraph should indicate thata. no auditing procedures were performed after the date of the year 1 auditor's report. b. the year 1 auditor's report may no longer be relied on. c. the year 2 review report is intended solely for the information of management and the board of directors. d. there are justifiable reasons for changing the level of service from an audit to a review.

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