The framework identifies certain qualities that make the information presented on financial statements more useful to the users of financial statements. List at least two fundamental characteristics and three characteristics that enhance the fundamental characteristics.

The framework identifies certain qualities that make the information presented on financial statements more useful to the users of financial statements. List at least two fundamental characteristics and three characteristics that enhance the fundamental characteristics.

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 56RSCQ

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The framework identifies certain qualities that make the information presented
on financial statements more useful to the users of financial statements. List
at least two fundamental characteristics and three characteristics that
enhance the fundamental characteristics.

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