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AICPA CPA-Auditing Exam - Topic 3 Question 124 Discussion

An auditor's responsibility to express an opinion on the financial statements is:
B) Explicitly represented in the opening paragraph of the auditor's standard report.
A) Implicitly represented in the auditor's standard report.
C) Explicitly represented in the scope paragraph of the auditor's standard report.
D) Explicitly represented in the opinion paragraph of the auditor's standard report.

AICPA CPA-Auditing Exam - Topic 3 Question 124 Discussion

Actual exam question for AICPA's CPA-Auditing exam
Question #: 124
Topic #: 3
[All CPA-Auditing Questions]

An auditor's responsibility to express an opinion on the financial statements is:

Show Suggested Answer Hide Answer
Suggested Answer: B

Choice 'b' is correct. The auditor's responsibility to express an opinion on the FS is explicitly represented in the last sentence of the opening paragraph: 'Our responsibility is to express an opinion on these financial statements based on our audit.'

Choice 'a' is incorrect. The responsibility to express an opinion is explicitly represented (i.e., clearly stated), not implicitly represented (i.e., assumed).

Choice 'c' is incorrect. There are no words in the scope paragraph that represent an auditor's responsibility to express an opinion.

Choice 'd' is incorrect. The opinion paragraph includes the auditor's opinion, but does not specifically mention the auditor's responsibility to express an opinion.


by Glory at Apr 12, 2026, 01:46 PM

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Dana
Definitely D, that's where the opinion is stated.
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Vanesa
5 days ago
Totally agree with D, that's where it clearly states the auditor's opinion.
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Makeda
10 days ago
Wait, is it really just in the opinion paragraph? Sounds too simple!
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Buddy
15 days ago
B is a common misconception, but D is correct.
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Socorro
2 months ago
I thought it was in the opening paragraph?
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Muriel
2 months ago
It's definitely in the opinion paragraph!
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Alline
3 months ago
I remember discussing how the opinion paragraph is crucial for stating the auditor's opinion clearly, so I would lean towards D being the right choice.
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Wei
3 months ago
I'm not entirely sure, but I feel like the scope paragraph talks more about the audit process rather than the auditor's responsibility directly.
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Lashawn
3 months ago
I recall practicing a question like this, and I believe the correct answer is B, since the opening paragraph sets the stage for the report.
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Paulina
3 months ago
I think the auditor's responsibility is definitely mentioned in the opinion paragraph, but I can't remember if it's also in the opening paragraph.
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