Auditing & Assurance Services: A Systematic Approach (Irwin Accounting)
Auditing & Assurance Services: A Systematic Approach (Irwin Accounting)
10th Edition
ISBN: 9780077732509
Author: William F Messier Jr, Steven M. Glover Associate Professor, Douglas F. Prawitt Associate Professor
Publisher: McGraw-Hill Education
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Chapter 21, Problem 21.6RQ
To determine

Concept Introduction:

Prospective financial statements are future period financial statements which are prepared by the organizations for presentation of future financial position of the business.

To discuss: Two types of prospective financial statement and their differences.

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