Howard Green, a partner with Cary, Loeb, & Co., and his audit team have completed the audit
Question:
• December 31, 20X0: Baker’s year-end.
• February 15, 20X1: Green completed audit procedures performed at Baker’s location.
• February 19, 20X1: The financial statements were completed.
• February 20, 20X1: All audit procedures were completed, including the review of all audit documentation.
• February 25, 20X1: Green signed the audit report.
• February 26, 20X1: Green delivered the audit report to Baker.
Audit Report
The audit report is issued by a certified public accountant who is appointed by the shareholders to provide assurance upon the truth and fairness of the financial statements prepared by the managers of the company. Audit report contains the... 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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Related Book For
Principles of Auditing and Other Assurance Services
ISBN: 978-0078025617
19th edition
Authors: Ray Whittington, Kurt Pany
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