The PCAOB has proposed changes to the auditor's report for public companies that include requirements for the
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a. Describe how users of the financial statements may benefit from communications about these matters in an audit report.
b. Describe how communication of these matters may not be beneficial to users of the financial statements.
c. What difficulties, if any, may auditors face in communicating about these matters?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0134065823
16th edition
Authors: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
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