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Describe some limitations of the financial statements

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Reference no: EM132830882

Problem 1: What is restatement? Why should there be restatement of preceding year financial statements? What is an additional requirement when there is restatement?

Problem 2: Describe some limitations of the financial statements.

Problem 3: What types of information are presented in the Notes to the Financial Statements?

Reference no: EM132830882

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