Which of these situations would require an auditor to insert an explanatory paragraph about consistency in an
Question:
Which of these situations would require an auditor to insert an explanatory paragraph about consistency in an unqualified audit report?
a. Client changed its estimated allowance for uncollectible accounts receivable
b. Client corrected a prior mistake in accounting for interest capitalization
c. Client sold one of its subsidiaries and consolidated six this year compared with seven last year
d. Client switched to early adoption of IFRS changes
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Auditing An International Approach
ISBN: 978-1259087462
7th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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