For companies required to produce interim financial statements (IFI):
Athe same firm should audit the IFI and the financial statements for the year as a whole.
Bthe same firm should review the IFI and the financial statements for the year as a whole.
Cone accountancy firm should review the IFI and a different firm should audit the financial statements for the year as a whole.
Done audit firm should audit the IFI and a different firm should audit the financial statements for the year as a whole.
Correct answer
B. the same firm should review the IFI and the financial statements for the year as a whole.
Explanation
the same firm should review the IFI and the financial statements for the year as a whole. is the correct answer. Review the question and compare it with the other choices to remember this fact for future exams.