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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 653 |
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After auditing the Financial Statement Auditors give their opinion by providing an Audit Report. Audit Report may be “Unqualifiedâ€, “Unqualified with explanatory paragraphâ€, “Qualifiedâ€.
A table of nature of Audit Report of The City Bank Ltd. of consecutive 3 years starting from 2005 to 2007 has given below-
|Year |Type of Audit Report |Reasons for including Explanatory Paragraph |
|2005 |Unqualified Report with Explanatory |Changes in Accounting Principle in relation to last year...
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Audit Report may be “Unqualifiedâ€, “Unqualified with explanatory paragraphâ€, “Qualifiedâ€.
A table of nature of Audit Report of The City Bank Ltd. of consecutive 3 years starting from 2005 to 2007 has given below-
|Year |Type of Audit Report |Reasons for including Explanatory Paragraph |
|2005 |Unqualified Report with Explanatory |Changes in Accounting Principle in relation to last year...
Essay fragment
General points of the essay
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The City Bank Limited
A Philosophical Death Of An Unqualified Hero
The statement of financial performance is based on data relating to past transactions and events. Hence the statement of financial performance is of no use to an investor’s decision making process.
World Bank Report 1999 & World Development Report 2000/2001
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