Explain the deficiencies in Patel’s report as drafted. There are at least 15 deficiencies. Identify only one deficiency in their original post and then respond to at least two other students posts sometime during the week.
Patel, CPA, has completed the audit of the financial statements of Bellamy Corporation as of and for the year ended December 31, 2019. Patel also audited and reported on the Bellamy financial statements for the prior year. Patel drafted the following report for 2019. We have audited the balance sheet and statements of income and […]