RaviRavi Staff asked 7 months ago
1 Answers
RaviRavi Staff answered 7 months ago

571. If audit is conducted as per International Standard of Auditing and as per Auditing standard issued by ICAI, whether single audit report can be issued:
a) Yes, both audit report should be referred by the auditor, if all element of audit report is covered and opinion is same
b) Yes, but only Auditing standards shall be referred by the auditor
c) Only International Standard of Auditing shall be referred by the auditor
d) None of the above
Answer : 
a) Yes, both audit report should be referred by the auditor, if all element of audit report is covered and opinion is same
 
MCQ revised for better understanding:
If audit is conducted as per International Standard of Auditing and as per Auditing standard issued by ICAI,whether single audit report can be issued ?
a)Yes ,Both audit report can be referred by the auditor ,if all element of audit report are covered and opinion is same
b)Yes,but only Auditing standards shall be referred by the auditor
c) Only International Standard of Auditing shall be referred by the auditor
d)None of the above
Answer : a)Yes ,Both audit report can be referred by the auditor ,if all element of audit report are covered and opinion is same