All of the following phrases would be found in the standard unmodified audit report for a private company except: 1

All of the following phrases would be found in the standard unmodified audit report for a private company except:

1.       in our opinion, the financial statements referred to above are correct, in all material respects.

2.       management is responsible for the preparation and fair presentation of the financial statements.

3.       standards require that we plan and perform the audit to obtain reasonable assurance.

4.       we believe the audit evidence we have obtained is sufficient and appropriate.