1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
alex41 [277]
3 years ago
14

hich of the following is not a change in the audit report as a result of the new reporting standard (AS 3101)? a. Specific menti

on of comprehensive income and notes to the financial statements. b. A disclosure of the year the auditor began serving consecutively as the company's auditor. c. An affirmative statement that the audit firm is registered with the Public Company Accounting Oversight Board (PCAOB). d. A statement that the financial statements are the responsibility of the client's management.
Business
1 answer:
Alex3 years ago
5 0

Answer: d. A statement that the financial statements are the responsibility of the client's management

Explanation:

The new reporting standard (AS 3101) requires auditor's opinion on the financial statements to be moved to the first paragraph of the Audit report, Requires the Auditor to use section titles to identify and highlight important information, Requires an Auditor to provide a clear clarification that the audit scope includes notes to the financial statement, and also the Auditor is required to disclose the year they began serving consecutively as the company's auditors.

A statement that the financial statements are the responsibility of the client's management is NOT part of changes brought by AS 3101

You might be interested in
George Bailey purchased equipment from M. Potter for $450,000, paying $35,000 cash as a down payment and financing the remainder
Lorico [155]

Answer:

Equipment $450,000 (debit)

Cash $35,000 (credit)

Suppliers Loan $415,000 (credit)

Explanation:

George Bailey must recognize the Asset of Equipment, de-recognize the Assets of Cash and recognize the Suppliers Loan as above.

6 0
3 years ago
Which of the following cannot be shown on a production possibilities graph?
choli [55]
I believe the answer is: <span>the allocation method

production possibilities graph could only include the factors that can be projected after doing combination of various products' production.
Allocation method only play role in the technique that can be used to produce the products and cannot be considered as data projection from the production

</span>
5 0
3 years ago
Read 2 more answers
How have graeter's owners used the four factors of production to build the business over time?
Kaylis [27]
The Graeter's proprietors utilized the four elements of generation to fabricate the business after some time. The four components are arrive, work, capital, and business enterprise. The land is utilized on the grounds that they based the underlying start-up of the organization through their own particular home. They didn't utilize any cash attempting to set up their business.
6 0
3 years ago
Make detailed Business execution plans with proper Roadmap on hospital collaboration.
MatroZZZ [7]

In order to make detailed business execution plans with an adequate hospital collaboration roadmap, it is necessary to organize and coordinate organizational resources in favor of growth and correct business flow.

<h3 /><h3>What is a business execution plan?</h3>

It corresponds to a transition model to replace products and services in the long term. The plan must contain the technical concept of the business, its functional prototype, all its specifications and a test version to correct some features before the final version is released.

For a business execution plan with a hospital collaboration roadmap, it is essential to identify site needs such as safety, meeting patient needs, and family involvement in hospital processes.

Therefore, a business execution plan for a hospital should contain strategies and tactics to improve processes for patients and professionals, increasing the quality and speed of service.

Find out more about business execution plan here:

brainly.com/question/24864915

#SPJ1

6 0
2 years ago
Who would be eligible for a 403b account?
Kamila [148]

The correct answer on Gradpoint is a government employee

3 0
3 years ago
Read 2 more answers
Other questions:
  • Example 1: Your manager enters your office with receipts from a restaurant and bar and asks for reimbursement. The manager claim
    12·1 answer
  • The table shows the taxable income range and marginal tax rates for a single taxpayer in Oceania. There are no exemptions or ded
    14·1 answer
  • The production possibilities curve:
    13·1 answer
  • Of the following scenarios, which one is best suited to a non-linear presentation?
    10·2 answers
  • Changes in the economic, political, legal, and technological global system that may affect an organization are ______ forces. Fo
    6·1 answer
  • When analyzing a price-earnings ratio:_________.
    6·1 answer
  • The following is a December 31, 2021, post-closing trial balance for Almway Corporation.
    7·1 answer
  • You are to interview an entrepreneur, then summarize the interview questions. This assignment is worth 4 grades.
    12·1 answer
  • The following strategy(ies) could be used to sustain the value provided by an organization: Group of answer choices Run Strategy
    10·1 answer
  • jerusalem medical ltd., an israeli producer of portable kidney dialysis units and other medical products, develops a 4-month agg
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!