Haruspex is a new consulting company. They specialize in analysis of the market and process of producing

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Haruspex is a new consulting company. They specialize in analysis of the market and process of producing sellable products from industrial waste. They have asked Sophia Coronis, SOL, to prepare an examination of prospective financial information report of the prospective company financial statements for the first two years. This will be presented to Apollo Bank as part of a loan request.

Required:

A. What type of report would Coronis prepare – forecast or projection?

B. Draft the report for Apollo Bank.

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Principles Of Auditing An Introduction To International Standards On Auditing

ISBN: 9780273684107

2nd Edition

Authors: Rick Stephan Hayes, Roger Dassen, Arnold Schilder, Philip Wallage

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