Discuss the opinion expressed (unqualified or qualified) and the independent firm or government… 1 answer below »
i. Discuss the opinion expressed (unqualified or qualified) and the independent firm or government organization providing the opinion. Include a discussion of the statements covered by the opinion (basis statement plus combining statements and fund statements).
b. Financial Statements
i. Discuss the statements included in the report (government and/or fund statements), including any noted trends or concerns.
ii. Discuss each fund utilized by the entity, including the type of fund, source of revenues, noted trends, and financial condition.