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b. inquire of management regarding key revenue recognition policies. C. calculate key ratios relevant to the client. d. issue a report at the conclusion of
b. inquire of management regarding key revenue recognition policies. C. calculate key ratios relevant to the client. d. issue a report at the conclusion of the engagement REVIEW QUESTIONS R15-1 Why does the standard unmodified report on the financial statements of a private company contain paragraphs outlining (1) management's responsibility for the financial statements and (2) the auditor's responsibility for the financial statements? What is contained in these paragraphs? LO1 R15-2 What is the significance of the date on the auditor's report on the financial statements? LO1 R15-3 in what circumstances is an auditor required or allowed to include an emphasis of matter paragraph in the audit report on the financial statements? LO2
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Auditing and Assurance Services A Systematic Approach
Authors: William Messier, Steven Glover, Douglas Prawitt
9th edition
1308361491, 77862333, 978-1259248290, 9780077862336, 1259162346, 978-1259162343
