When reporting on comparative financial statements, auditors ordinarily should m

Question

When reporting on comparative financial statements, auditors ordinarily should modify their previously expressed opinion on the prior-years' financial statements if the "

[None Given]

prior-years' financial statements are restated to conform with generally accepted accounting principles.

auditors were predecessor auditors who have been requested by a former client to reissue the previous report.

prior-years' opinions were unmodified and the opinion on the current-year's financial statements is modified due to a lack of consistency.

prior-years' financial statements are restated following an acquisition in the current year.

When reporting on comparative financial statements, auditors ordinarily should modify their previously expressed opinion on the prior-years' financial statements if the "

[None Given]

prior-years' financial statements are restated to conform with generally accepted accounting principles.

auditors were predecessor auditors who have been requested by a former client to reissue the previous report.

prior-years' opinions were unmodified and the opinion on the current-year's financial statements is modified due to a lack of consistency.

prior-years' financial statements are restated following an acquisition in the current year.

Explanation / Answer

When reporting on comparative financial statements, auditors ordinarily should modify their previously expressed opinion on the prior-years' financial statements if the "

- prior-years' financial statements are restated following an acquisition in the current year.

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