when audited financial statements are presented in a client rsquo s document contain 602351

When audited financial statements are presented in a client’s document containing other information, the auditor should

1. Perform inquiry and analytical procedures to ascertain whether the other information is reasonable.
2. Add an explanatory paragraph to the auditor’s report without changing the opinion on the financial statements.
3. Perform the appropriate substantive auditing procedures to corroborate the other information.
4. Read the other information to determine that it is consistent with the audited financial statements.