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Q. What is Auditors report explain?
Special Report - Special report is a term used for Auditors' reports issued in connection with various types of financial presentations, including: Financial statements which are prepared in conformity with a comprehensive basis of accounting other than usually accepted accounting principles. Specified elements, items or accounts of a financial statement. Compliance with aspects of contractual agreements or regulatory requirements associated with audited financial statements. Financial presentations to comply with regulatory provisions orcontractual agreements. Financial information presented in prescribed schedules or forms which require a prescribed form of auditor's reports.
On January 7, 2016, Captec Company purchased $4,175 of supplies on account . In Captec Company’s chart of accounts , the Supplies account is No. 15, and the Accounts Payable accoun
Assets 1) The classification of investments in the Balance Sheet will be under a few broad headings with schedules listing the individual assets. Where the Trustees Act has been
discuss the content of financial statement with reference to Indian companies?
Which of the following is NOT an example of an agency cost? A. Paying an accounting firm to audit your financial statements. B. Paying an insurance company to assure that b
John Chan considers buying a six-month stock futures contract on the shares of Li & Fung Limited. Shares of Li & Fung Limited are now trading at $50 per share and it is expected th
What is a cash budget? How it is useful in managerial decision making?
Q. Explain about Mutual Fund? Mutual Fund - Investment Companythat usually offers its shares to general public and invests the proceeds in a diversified portfolio of SECURITIES
1. When preparing the operating activities section of the statement of cash flows using the indirect method, a decrease in accounts recievable is subtracted from net income. True o
Consider a multinational listed company that has recently carried out an acquisition. You may also select a company that carried out an acquisition long ago as long as there is inf
Q. What do you understand by Partnership? Partnership - Relationship between two or more persons based on anoral, written or implied agreement whereby they agree to carry on a
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