Business, 04.09.2019 02:10 ellarose0731
During a review of the financial statements of a nonpublic entity, the cpa finds that the financial statements contain a material departure from generally accepted accounting principles. if management refuses to correct the financial statement presentations, the cpa should:
a) disclose the departure in a separate paragraph of the report.
b) issue an adverse opinion.
c) attach a note explaining the effects of the departure.
d) issue a compilation report.
Answers: 3
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During a review of the financial statements of a nonpublic entity, the cpa finds that the financial...
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