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Q. Describe about Accountants Report?
Accountants' Report - Formal document which communicates an independent accountant's:
(1) expression of limited assurance on FINANCIAL STATEMENTS as a result of performing inquiryand analytic procedures (Review Report);
(2) results of procedures performed (Agreed-UponProcedures Report);
(3) non-expression of opinion or any form of assurance on a presentation inthe form of financial statements information which is the representation of management(Compilation Report) or
(4) an opinion on an assertion made by management in accordance withthe Statements on Standards for Attestation Engagements (Attestation Report). An accountants'report doesn't result from the performance of an AUDIT.
Explain the term- Authorised and Paid-up Share Capital Number of shares of stock provided for in Articles of Association of a company is the authorized share capital. This figu
Assume that you hold a piece of land in the City of London that you may wish to sell in one year. Like a U.S. resident, we are concerned along with the dollar value of the land. Su
Question: Susan started her current job at age 30, with the normal retirement age at 60. The remuneration package of her employment includes the following benefits on top of he
Determine Current ratio or working capital ratio CA = Current assets/Current liabilities (times) Current ratio measures the short term solvency or liquidity; it demonstra
Can some one tell me how to calculate payback period and which formula i used to calculated payback period? Explain!!!!
Why do a Split? A 4 x 1 Split is an operation by which a shareholder now owns 4 shares for every share he/she had before. Logically, the stock market value of each of these new
Internal capital rationing is used by firms for exercising financial control. How does a firm achieve this?
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In financial analysis, interpolation is used widely in: Determination of internal rate of return of a project. Finding out the yield to maturity (ytm)
The cash flows from a portfolio of US standard mortgages have the characteristic of being uncertain. The cash flows from the mortgage consists of three comp
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