Question: What is the major difference between a re - issued report and an updated report and updated report considers information that has come to the

What is the major difference between a re-issued report and an updated report and updated report considers information that has come to the auditors attention since the date of the original report while the ridge due report does not consider this information in the update report it can be presented along with the entities financial statements but a re-issued report cannot be presented along the entities financial state

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!