The auditors of the CRX Inc. (CRX) financial statements for the year ended December 31, 20X7, have
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Discuss fully the type of audit opinion to be issued in this situation, including a description of any information that would be necessary to the standard audit report. Describe what change(s) would be necessary for CRX to obtain an unmodified audit opinion in this case.
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Auditing An International Approach
ISBN: 978-0071051415
6th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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