Auto Delivery Company has a fleet of several delivery trucks. In the past, Auto Delivery had followed the policy of purchasing all equipment. In the current year, they decided to lease the trucks? The method of accounting for the trucks is therefore changed to lease capitalization. This change in policy is fully disclosed in footnotes?

 

Write Standard Unqualified Report audit report based on the above situation?

Answer rating: 100% (QA)

Audit Report Auto Delivery Company We have audited the financial statements of Auto Delivery Company as of December 31 20XX and for the year then ende... View the full answer