Intermediate Accounting, 17th Edition
Intermediate Accounting, 17th Edition
17th Edition
ISBN: 9781119503682
Author: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Publisher: WILEY
Question
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Chapter 24, Problem 15Q
To determine

Interim report: When the financial results are published for the year shorter than the fiscal year, this reporting is said to be an interim report. The financial statements that are presented in the interim report include the following:

  1. Income statement
  2. Balance sheet
  3. Cash flow statement

These are basically not audited and are prepared on quarterly basis.

To determine the accounting problems related to the presentation of interim data.

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