The draft chairman's report to go with the financial report states that the profits of a particular segment of the company's operations increased by 80% during the period. On checking the figures, you found profits increased by only 6%. What type of auditor's report should you issue? Explain the reason for your answer.

The draft chairman's report to go with the financial report states that the profits of a particular segment of the company's operations increased by 80% during the period. On checking the figures, you found profits increased by only 6%. What type of auditor's report should you issue? Explain the reason for your answer.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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