Help!! Issues on Reporting on comparative F/Ss

  • Creator
    Topic
  • #187141
    Anonymous
    Inactive

    Hey there,

    With other accountants involved in prior periods, the old CPA should conduct one of the procedures, which is to compare THE PRIOR STATEMENTS with THOSE ISSUED PREVIOUSLY AND CURRENTLY.

    My question is: the prior statements isn’t the same as those issued previously? In other words, the prior statements=statements issued previously, is this correct? If so, why still need to make a comparison between themselves?

    Thanks,

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    Replies
  • #581930
    CPA soon
    Member

    It sounds the same to me, are you sure the word “presented” is not somewhere in the mix?

    FAR - 71, 68, 74, (8/31/14) 78 ✔
    REG - 67, 71, 71, (10/18/14) 78 ✔
    BEC - (11/29/14) 86 ✔
    AUD - 73, (4/4/15) 86 ✔

    I can't believe this is over! 2 years and 3 months..

    #581931
    Anonymous
    Inactive

    I am not sure yet and let me go check. I will get back to you if there is anything I could find.

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