ACC450 W4Midterm.docx ACC450 Midterm Kenia Felix Grantham University Midterm What is

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ACC450 W4Midterm.docx ACC450 Midterm Kenia Felix Grantham University Midterm What is an audit opinion? The audit opinion expresses the financial statements of the auditors' impartial auditors as... a result of the review by the auditors. An independent accounting specialist completes the audit opinion, which includes a company's assets and liabilities and reveals the auditor's informed appraisal of the firm's financial status and potential. For clients, the audit opinion is very relevant as it informs them whether information in the financial statements, they use is accurate or not, which allows them to use this information in decision- making processes. In addition, the audit opinion tells financial statements consumers implicitly about the honesty both of senior management and of the heads of the company. If a corporation is publicly listed or operates in a market controlled by the Securities and Exchange . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]

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