My Crossword Maker Logo
Powered by BrightSprout
Save Status:
or to save your progress. The page will not refresh.
Controls:
SPACEBAR SWITCHES TYPING DIRECTION
Answer Key:
Edit a Copy:
Make Your Own:
Crucigrama Sopa de Letras Hoja de Trabajo
Calificar este Puzzle:
Log in or sign up to rate this puzzle.

What Opinion is Given?

Horizontales
An issuer refuses to include in its audited financial statements some operating segments information that the auditor believes is required. The missing information is considered to be material, but its possible effects are not pervasive.
The auditor employs a specialist to help gather evidence as to the value of derivatives held by the client. The specialist's findings support managements' reported values.
A company's customer sued it for damages. Management believes and the auditor is satisfied that a material loss probably will occur when pending litigation is resolved. Management is unable to make a reasonable estimate of the amount of range of the potential loss. The client fully disclosed the situation in the notes to the financial statements, but no accrual was made.
During the current-year audit of an income statement, an auditor could not observe a client's taking of beginning physical inventory and was unable to become satisfied about the inventory by means of other auditing procedures. Inventory is 70% of the client's assets.
During the audit period, an auditor purchased 4% of the client's common shares.
The chief executive officer is unwilling to sign the management representation letter.
A company, 70% of whose assets and 55% of whose revenues arise from subsidiaries, reports in the financial statements its investment in subsidiaries in accordance with the cost method.
Verticales
A client declines to present a statement of cash flows as part of its released financial statements that purport to present its financial position and results of operations.
A justified change in accounting principle has a material effect on the comparability of the client's financial statements.
A client's year-end inventory is 70% of its year-end assets measured using the LIFO (last-in, first-out) method. The client presents its financial statements in accordance with International Financial Reporting Standards (IFRS), which does not allow the use of LIFO.