Question
If for example auditors audited a company's financial statements that compromise balance sheet, income statement, statement of changes in stockholders' equity and cash flow and
If for example auditors audited a company's financial statements that compromise balance sheet, income statement, statement of changes in stockholders' equity and cash flow and completed it by noticing that a company change from LCNRV to LCGNP method.Auditors proposed material adjustment under financial statement for cost of good sold and inventory Also proposed immaterial adjustment of unrealized loss on investments and investments when the company failed to mark marketable equity securities to FMV. I would like to know what is the audit report on company's audited financial statement for this case?
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