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28 Sep 2019
Please answer what audit report will be issued in the followingproblem?Our firm has been engaged to audit the XYZ Company( a publiccompany) which is 52% owned by JP Morgan Chase Inc. Our auditreport will be forwarded to Price Waterhouse so that they cancomplete their audit of JP Morgan Chase which is ongoing. Pleasegive guidance to the audit team that will audit XYZ Company as itapplies to what kind of audit report will be issued provided thatthe findings of the audit warrant an unqualified report.
Please answer what audit report will be issued in the followingproblem?
Our firm has been engaged to audit the XYZ Company( a publiccompany) which is 52% owned by JP Morgan Chase Inc. Our auditreport will be forwarded to Price Waterhouse so that they cancomplete their audit of JP Morgan Chase which is ongoing. Pleasegive guidance to the audit team that will audit XYZ Company as itapplies to what kind of audit report will be issued provided thatthe findings of the audit warrant an unqualified report.
Casey DurganLv2
28 Sep 2019