A CPAs report includes the following: We are not aware of any material modifications that should be
Question:
A CPA’s report includes the following: “We are not aware of any material modifications that should be made in order for the information to be in conformity with accounting principles generally accepted in the United States of America, and accordingly, in our opinion, the financial statements follow those principles.”* Discuss the propriety of this portion of the report.
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This statement qualifies and qualifies the consequences of adopting accounting principles generally ...View the full answer
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Related Book For 
Principles Of Auditing And Other Assurance Services
ISBN: 9781260598087
22nd Edition
Authors: Ray Whittington, Kurt Pany
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