Sunshine Corporation

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Written by:

Louis C


Date added:

April 3, 2011








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2 / 326


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The introductory paragraph should state that the financial statements were audited. 5. The introductory paragraph should state the responsibilities of management and of the auditor. 6. There is really no scope paragraph. 7. The second and third sentences in the first paragraph approximate the first two sentences in scope paragraph except that the first of the two sentences should state that the audit was conducted in accordance with generally accepted auditing standards rather than accounting standards...
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And the second of the two sentences should state “the financial statements are free of material misstatement.” 9. The latter two sentences of the scope paragraph which describe an audit are missing 10. An additional paragraph should be included between the scope and opinion paragraphs which describes the dividend restrictions and the refusal of the client to present a statement of changes in financial position...
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