The Warren Corporation wants to enhance the market value of its stock by including in its annual

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The Warren Corporation wants to enhance the market value of its stock by including in its annual report a financial forecast for the next year. They also would like to have their auditors examine the forecast.

a. Define a financial forecast.

b. Is an examination of a financial forecast similar in scope to a review of financial statements? Explain.

Related Book For answer-question

Financial Accounting Theory

ISBN: 978-0132984669

7th edition

Authors: William R. Scott

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Posted Date: Oct 09, 2019 06:02 AM

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The Warren Corporation wants to enhance the market value of its stock by including in its annual

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a A financial forecast is an estimation of a companys future expenses and revenue Typically conducti... View the full answer

Financial Accounting Theory

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