U.S. GAAP Archives - Essay Quoll

What factors discussed above are relevant for a going-concern assessment for MakingNewFriends.com? What additional information might the auditor consider in the going-concern assessment?

Posted on February 23, 2023 by Assessments

Callie Peters is completing the audit of MakingNewFriends.com for the year ended December 31, 2019. Callie has been the audit manager on this engagement for the past three years. MakingNewFriends.com issued stock two years ago but has had difficulty establishing a loyal client base and generating advertising revenues. In reviewing results for the current year, […]

What factors discussed above are relevant for a going-concern assessment for MakingNewFriends.com? What additional information might the auditor consider in the going-concern assessment?

Posted on February 22, 2023 by Assessments

Callie Peters is completing the audit of Making New Friends.com for the year ended December 31, 2019. Callie has been the audit manager on this engagement for the past three years. MakingNewFriends.com issued stock two years ago but has had difficulty establishing a loyal client base and generating advertising revenues. In reviewing results for the […]

Explain the relationships among audit services, attestation services, and other assur- ance and nonassurance services provided by CPAs.

Posted on February 9, 2023 by Assessments

The list below indicates various audit, attestation, and other engagements involving auditors. 1. A report on the effectiveness of internal control over financial reporting as required by Section 404 of the Sarbanes–Oxley Act. 2. An examination report on whether a company’s statement of greenhouse gas emis- sions is presented in conformity with standards issued by […]

Comparing the IFRS balance sheets to the balance sheet for Apple, are the IFRS balance sheet classifications the same as Apple’s U.S. GAAP balance sheet classifications? If different, which presentation do you believe is better? Explain why.

Posted on January 28, 2022 by Ambrose

Assignment 1 – Financial Statements The objectives of the assignment are to give you hands on experience examining the financial statements of companies that use IFRS and to introduce IAS 1, Presentation of Financial Statements. Obtain the most recent Form 20-Fs for three non-US companies. At least two of the companies must use IFRS. (You […]