$17-2.$

$17-3$

$17-4.$

$17-5.$

$17-6$

$17-7.$

$17-8.$

$17-9.$

What is the function of notes to financial statements?

To which individuals and$/$or organizations is a public company audit report ordinarily addressed?

Comment on whether you agree with the following and why: GAAP and GAAS represent two frequently used financial

reporting frameworks.

Provide a list of the types of nonpublic company unmodified and modified audit opinions.

What information is provided in a public company audit report relating to critical audit matters?

Howard Green, a partner with Cary, Loeb, & Co$.,$ and his audit team have completed the audit of Baker Manufacturing.

Determine the proper date of the audit report.

$.$ December $31,20$X$0$: Baker's year$-$end.

$.$ February $15,20$XI: Green completed audit procedures performed at Baker's location.

$.$ February $19,20$XI: The financial statements were completed.

$.$ February $20,20$XI: All audit procedures were completed, including the review of all audit documentation.

$.$ February $25,20$XI: Green signed the audit report.

$.$ February $26,20$XI: Green delivered the audit report to Baker.

When the current auditors make reference to the work of the referred$-$to auditors, does this result in expression of a qualified

opinion? Explain.

Explain three situations in which the wording of a report with an unmodified opinion might be modified, yet the opinion

remains unmodified.