The following categories of people are recognized as users of the information contained in financial statements: -Owners, -Financial analysts -Lenders For each of the above users of financial statements, identify the kind of information they may require, why they require it and the decisions they made from that information.
The following categories of people are recognized as users of the information contained in financial statements: -Owners, -Financial analysts -Lenders For each of the above users of financial statements, identify the kind of information they may require, why they require it and the decisions they made from that information.
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter17: Other Services Provided By Audit Firms
Section: Chapter Questions
Problem 58RSCQ
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Question
The following categories of people are recognized as users of the information contained in financial statements:
-Owners,
-Financial analysts
-Lenders
For each of the above users of financial statements, identify the kind of information they may require, why they require it and the decisions they made from that information.
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