An audit of the financial statements of the Hasbro Products, Inc. a publicity traded company with...

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An audit of the financial statements of the Hasbro Products, Inc. a publicity traded company with a market capitalization of &6.5 billion, for the year ended December 31, 2013 was performed by the auditing firm of AuditorsAreUs, LLP. The auditors found that there was a material departure from generally accepted accounting principles because the client capitalized $27,000.00 of acquisition costs when those costs should have been expensed. During 2013, Hasbro acquired Toy Play Inc. a toy manufacturer, for $2.2 billion dollars. AuditorsAreUs, LLp also performed an audit of Internal Control of Hasbro for 2013 and issued an unqualified opinion Requirement: Prepare the independent auditor's report to be issued on April 2, 2014 An audit of the financial statements of the Hasbro Products, Inc. a publicity traded company with a market capitalization of &6.5 billion, for the year ended December 31, 2013 was performed by the auditing firm of AuditorsAreUs, LLP. The auditors found that there was a material departure from generally accepted accounting principles because the client capitalized $27,000.00 of acquisition costs when those costs should have been expensed. During 2013, Hasbro acquired Toy Play Inc. a toy manufacturer, for $2.2 billion dollars. AuditorsAreUs, LLp also performed an audit of Internal Control of Hasbro for 2013 and issued an unqualified opinion Requirement: Prepare the independent auditor's report to be issued on April 2, 2014 An audit of the financial statements of the Hasbro Products, Inc. a publicity traded company with a market capitalization of &6.5 billion, for the year ended December 31, 2013 was performed by the auditing firm of AuditorsAreUs, LLP. The auditors found that there was a material departure from generally accepted accounting principles because the client capitalized $27,000.00 of acquisition costs when those costs should have been expensed. During 2013, Hasbro acquired Toy Play Inc. a toy manufacturer, for $2.2 billion dollars. AuditorsAreUs, LLp also performed an audit of Internal Control of Hasbro for 2013 and issued an unqualified opinion Requirement: Prepare the independent auditor's report to be issued on April 2, 2014 An audit of the financial statements of the Hasbro Products, Inc. a publicity traded company with a market capitalization of &6.5 billion, for the year ended December 31, 2013 was performed by the auditing firm of AuditorsAreUs, LLP. The auditors found that there was a material departure from generally accepted accounting principles because the client capitalized $27,000.00 of acquisition costs when those costs should have been expensed. During 2013, Hasbro acquired Toy Play Inc. a toy manufacturer, for $2.2 billion dollars. AuditorsAreUs, LLp also performed an audit of Internal Control of Hasbro for 2013 and issued an unqualified opinion Requirement: Prepare the independent auditor's report to be issued on April 2, 2014

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Independent Audit Report To Shareholders and Board of directors of Hasbro Products Incorporation It ... View the full answer