QU nar ved stof Finish Timele Read the following mini case and answer the questions listed below: Patel, CPA, has completed the audit of the financial statements of Bellamy Corporation as of and for the year ended December 31, 2011. Patel also audited and reported on the Bellamy financial statements for the prior year. Patel drafted the following report for 2011. We have audited the balance sheet and statements of income and retained earnings of Bellamy Corporation as of December 31, 2011. We conducted our audit in accordance with generally accepted accounting standards. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of misstatement. We believe that our audits provide a reasonable basis for our opinion. In our opinion, the financial statements referred to above present fairly the financial position of Bellamy Corporation as of December 31, 2011, and the results of its operations for the year then ended in conformity with generally accepted auditing standards applied on a basis consistent with those of the preceding year. Patel, CPA (Signed) Other Information: Bellamy is presenting comparative financial Statements 2 Belamy does not wish to present a statement of cash llows for the year. 3. Duting 2011 Bellamy changed its method of accounting for long-term construction contracts and properly collected the effect of the change in the current year's ancial statements and restated the prior year's statemerits. Patolls stadi Business Cases EARTH RATED POOPBAGS alford c-friendly would let the ma Fashionable Affordable Earth Piophag. Aby The polyuretis very Wide 25 and side and co-founder Med million pete in Canada with.com Eath Rated Proplated when were the momento totes he charging for plastiche Pet own more likely to crepending on the to pay for and waited and whitening CHAPTER 2 ENVIRONMENTAL CONSTRAINTS ON MANAGERS 53 company whipopapa The company sing them the people Google AdWonde und Facebook d900 North America les Inceng berpenda is the wenye Shoppe p. The was well animal cared their ay the Going was to dig och and call from peto handle that they support. They have built by omver. They were Www can be Theme The cave higher 0 US Wawa powitanic