Final answer:
The auditor's primary concern with presentation and disclosure is completeness, ensuring all necessary information is included in financial statements. The auditor assesses reports for their factual accuracy, appropriateness, and audience expectation fulfillment, maintaining objectivity and trustworthiness throughout the process.
Step-by-step explanation:
The auditor's primary concern relative to presentation and disclosure-related objectives is completeness. This concern stems from ensuring that all necessary information is disclosed in the financial statements and nothing of significance is omitted which could mislead the users of those financial statements. Auditors must verify that all information that should be presented as per relevant accounting frameworks and regulations has indeed been included in the financial statements. Considering the audience, the auditor acts in the public interest, serving the community by fostering trust and transparency in financial reporting.When evaluating reports, an auditor ensures that the reporting structure relays factual information and answers who, what, when, where, why, and how questions. Due to the intent behind financial reporting, which is to provide a factual account of the financial position and performance of an entity, the auditor examines the documents with a critical eye, assessing the presentation for appropriateness to the content, ensuring that the language is clear, and verifying that all the necessary and correct citations are included.It is crucial that the auditor remains objective and trustworthy, consistently demonstrating a superior understanding of the purpose of financial reporting, as well as the related audience, context, and community expectations tied to these disclosures.