Management is responsible for the integrity and objectivity of the financial information included in this report The financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America Where necessary, the financial statements reflect ...

a The official position as presented by the accounting profession is that the fin ...

Management is responsible for the integrity and objectivity of the financial information included in this report. The

Question:

Management is responsible for the integrity and objectivity of the financial information included in this report. The have been prepared in accordance with accounting principles generally accepted in the United States of America. Where necessary, the reflect estimates based on management’s judgment.

Required
a. Who has the responsibility for the What is the role of the accountant (auditor) as to the Accountants (auditors) are often included as defendants in lawsuits that relate to the Speculate as to why this is the case.
d. Why did 3M include the report ‘‘Management’s Report on Internal Control over Financial Reporting’’?

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...