Explain the audit report on a publicity company
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600 words
audit report for Target Corporation or J P Morgan Chase
Obtain an audit report of a publicly held company. Audit reports can be found on the company Web site or on the SEC Web site at www.sec.gov. Provide a brief description on the company and discuss the outcome of the audit report, to include the following:
- Opinion given from the accounting firm
- Any issues or errors noted
- If the opinion provides the audit’s assurance on the financial statements.
Solution PreviewAn audit offers extra guarantee to the general public on the reliability of a company’s financial statements (Girasa, 2013). The U.S Supreme court stated the need for SEC to file financial statements which are audited with the aim of preventing the concern of losing reliability………………………….
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