Rowe & Myers audits the financial statements of Dunbar Electronics. During the audit, Ross & Myers engaged
Question:
a. Should Rowe & Myers make reference to the component auditor in its audit report? Explain.
b. Assume that Jones & Abbott issued a qualified report on the Canadian subsidiary. Should Rowe & Myers include the same qualification in its report on Dunbar Electronics?
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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