A comparative financial statement
for its financial year ended
On a comparative financial statement
presentation, the year is shown in the column heading.
Due to the nature of the Acquisition, the financial information of Pearl River Holdings Limited and its subsidiaries is not organized in a manner which allows for the presentation of meaningful comparative financial statement
information upon filing of the interim quarterly periods ended March 31, 1998, June 30, 1998 and September 30, 1998.
Conduct an examination of the financial statements of MAHT sufficient in scope to allow the Contractor to express its opinion that the comparative financial statements
are in accordance with Generally Accepted Accounting Principles,
Publicly Accountable Enterprises (PAE's) are expected to soon publish their first comparative financial statements
(including quarterly statements) based on International Financial Reporting Standards (IFRS) accounting.
Successor firm S audits XYZ for the year 2010 and expects to issue an audit report on comparative financial statements
for the years ending Dec.
2, Reporting on Comparative Financial Statements
(AICPA, Professional Standards, vol.
Must management provide a new representation letter on prior period comparative financial statements
when a representation letter was provided last year on those financial statements?
Generally, comparative financial statements
in annual and other reports enhance the usefulness of such reports.
Reporting Comprehensive Income Companies must make decisions with respect to four areas: (1) the form of the statement(s) on which comprehensive income will be displayed, (2) the reporting of reclassification adjustments, (3) the reporting of tax effects, and (4) comparative financial statements
Consolidated comparative financial statements
to form an opinion on the financial statements based on an evaluation of the audit evidence obtained, including evidence obtained about comparative financial statements
or comparative financial information, and