Question

In the annual report, where would a financial statement reader find out if the company’s financial statements give a fair depiction of its financial position and operating results? Management discussion and analysis section Auditor’s report Balance sheet Notes to the financial statements

Answer 1

Answer:

Auditors Report

Explanation:

In the Auditor's report, the auditor expresses his level of satisfaction that whether or not the financial statement presented show the true and fair picture of the organization. The external auditor is also involved in the investigation of errors and frauds in the financial statements.