Before reporting on the financial statements of a U.S. entity that have been prepared in conformity with

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Before reporting on the financial statements of a U.S. entity that have been prepared in conformity with another country's accounting principles, an auditor practicing in the U.S. should

a. Understand the accounting principles generally accepted in the other country.

b. Be certified by the appropriate auditing or accountancy board of the other country.

c. Notify management that the auditor is required to disclaim an opinion on the financial statements.

d. Receive a waiver from the auditor's state board of accountancy to perform the engagement.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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Question Posted: May 08, 2024 01:27 AM

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Before reporting on the financial statements of a U.S. entity that have been prepared in conformity with

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Auditing An Assertions Approach

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