Auditing & Assurance Services 6th Edition by Timothy Louwers

تمرين 56

Internet Exercise: Governmental Audit Reports. Go to the website of the town where you reside and find the Comprehensive Annual Financial Report (CAFR). Find and print the auditor's report. Warning: Be careful! CAFRs can be more than 100 pages, so make certain you're printing only the auditor's report.
Required:
a. Who audited the financial statements in the CAFR?
b. How does the auditor's report compare to the three-paragraph standard report used when auditing for-profit companies' financial statements?
c. What additional paragraphs were added to the report?