
Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343
Auditing & Assurance Services 6th Edition by Timothy Louwers
Edition 6ISBN: 978-0077862343 Exercise 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?
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?
Explanation
a.David A Von Mall CPA was the comptroll...
Auditing & Assurance Services 6th Edition by Timothy Louwers
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