An explanatory paragraph would be necessary

Reference no: EM13678914

Alan, a CPA is participating in an audit engagement of ABC Company. He has performed the audit and has determined that an unqualified opinion is to be issued but he would like to expand on the rationale for the unqualified opinion. Please describe the five situations in which an explanatory paragraph would be necessary in an unqualified opinion.

Reference no: EM13678914

Questions Cloud

Compute the freezing point and boiling point of the solution : A solution is made by dissolving 0.549 mol of nonelectrolyte solute in 823 g of benzene. Compute the freezing point AND boiling point of the solution

How evidence is the heart of the audit : How evidence is the heart of the audit.

Explain what masses of cacl2 and water should be used : Require to dissolve CaCl2 in water to make a mixture that is 31.5% calcium chloride by mass. If the total mass of the mixture is 278.6 g, explain what masses of CaCl2 and water should be used

Explain what is the final volume of the gas : If the pressure of 4.90L of an ideal gas in a flexible container is decreased to one-third of its original pressure, as well as its absolute temperature is reduced by one-half. Explain what is the final volume of the gas

An explanatory paragraph would be necessary : Describe the five situations in which an explanatory paragraph would be necessary in an unqualified opinion.

Define what is the molarity of iodide in sea water : The concentration of iodine in sea water is 60 parts per billion by mass. If one presume that the iodine exists in the form of iodide anions, define what is the molarity of iodide in sea water. The density of sea water is 1.025 g/mL

Compute the equilibrium constant kp for the reaction n2 : Subsequent to a mixture of hydrogen and nitrogen gases in a reaction vessel is allowed to attain equilibrium at 472 degrees C, it is found to contain 7.38atm H2, 2.46atm N2, and 0.166atm NH3. From these data Compute the equilibrium constant Kp fo..

Explain how many goats to produce milk for the 90kg drug : If the demand for the drug is 90kg per year, explain how many goats would the company require to meet this demand? Molecular weight of drug is 500 g/mol

Determine the amount of underapplied or overapplied : Determine the amount of underapplied or overapplied manufacturing overhead for the period.

User Account

All Pages