Explain type of audit, Show the reason for and the type of

Explain type of audit

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Reference no: EM1373957

For each of the subsequent independent situations, Show the reason for and the type of audit report that you would issue. Consider that each item is significant.

h. Jay Rich, CPA, holds 10 percent of the stock in Rothenburg Construction Company. The board of directors of Rothenburg asks Rich to do its audit. Rich completes the audit and evaluates that the financial statements present fairly in accordance with generally accepted accounting principles.

Reference no: EM1373957

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