Principals (GAAP , consistency , informative disclosures , and an expression of opinion on the financial statements that have been audited . The audit report must explicitly state whether the financial statements have been prepared in conformity with GAAP and whether or not these principles have been applied consistently from one year to the next . Unless stated otherwise , it should be assumed that the informative disclosures stated in the financial statements are adequate . Any deficiencies in this area should be specifically stated in the...











SUBJECTS

