Auditing and Attestation - Certified Public Accountant (CPA) Practice Exam 2026 - Free CPA Practice Questions and Study Guide

When accompanying information has been audited, including an opinion that the information is fairly stated in all material respects is essential. This opinion provides assurance to users of the financial statements that the information presented alongside the financial reports is reliable and free from material misstatement. The auditor's opinion serves to enhance the credibility of the accompanying information, making it clear that it has undergone thorough examination.

This option emphasizes the auditor's responsibility to evaluate the accuracy and completeness of the information and to express an opinion that reflects their findings. This is crucial in maintaining the integrity of the financial reporting process and instills confidence among stakeholders relying on the auditor's work.

Other options focus on different aspects of auditing but do not specifically address the need for an opinion regarding the fairly stated nature of the information. For example, conformity with generally accepted accounting principles or auditing standards pertains to broader compliance issues, while a conclusion about management’s assertions may not directly relate to the auditor’s opinion on the accompanying information itself. The focus here is on providing a precise and actionable assurance regarding the reliability of the audited information.