中级财会ch05.pptVIP

Objectives 1. Describe an auditor’s report. 2. Explain the disclosure in management’s discussion and analysis. 3. Understand the meaning of an operating segment. 4. Describe the disclosure in a segment report. 5. Explain interim reporting. Market Efficiency Auditor’s Report (Opinion) 1. The auditor is independent. 2. The audit was performed on specified financial statements. 3. The financial statements are the responsibility of the company’s management; the opinion is the responsibility of the auditors. 4. The audit was conducted according to generally accepted auditing standards. 1. An unqual