Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

response question marks) Question 29 (7 points) Presented below is a partial audit report prepared by Bernie Churney, Ernie, Kurney, and Turnie LLP Public Accountants

image text in transcribed
response question marks) Question 29 (7 points) Presented below is a partial audit report prepared by Bernie Churney, Ernie, Kurney, and Turnie LLP Public Accountants for the audit completed on March 11, 2020 for the fiscal year ending December 31, 2019 List seven errors in this report for the sections provided (1 mark each) Do not rewrite the cocortor include missing sections as an error (0.9. Kex matters or additional requirements) Auditor's Report To those responsible for overseeing governance of SquaredCircle Ltd Opinion We have audited the financial statements of Anna Thikaling as of December 31, 2019 In our opinion the aforementioned financial statements present accurately, in all material respects the financial position of the Company as at December 31 2019, and its financial performance and its cash flows for the year then ended Basis for Opinion We have conducted our audit of the financial statements in accordance with generally accepted accounting principles Our responsibilities under those standards are further described in the Auditor's Responsibilities for the Audit of the Financial Statements section of our report we are independent of the Company in accordance with the Provincial Ethics Standards Board for Accountants Code of Ethics for Principal Accountants together with the ethical requirements that are relevant to our audit of the financial statements and we have turned out other thical responsibilities in accordance with these requirements and the Code We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion Responsibilities of Management and Those charged with Governance for the Small Y 15 ED 10 > 2 & 5 4 3 5 6 7 00 9 0 2 Q W E R T Y U 1 o D F G HT

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamental financial accounting concepts

Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Edward

8th edition

978-007802536, 9780077648831, 0078025362, 77648838, 978-0078025365

More Books

Students also viewed these Accounting questions

Question

What is meant by Career Planning and development ?

Answered: 1 week ago

Question

What are Fringe Benefits ? List out some.

Answered: 1 week ago

Question

Does it have at least one-inch margins?

Answered: 1 week ago

Question

Does it highlight your accomplishments rather than your duties?

Answered: 1 week ago