Contemporary Auditing
11th Edition
ISBN:9781337650380
Author:KNAPP
Publisher:KNAPP
Chapter1: Comprehensive Cases
Section1.1: Enron Corporation
Problem 7Q
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   The report of an Independent Registered Public Firm contained the following. “ In our opinion the consolidated financial statements referred to above present fairly, in all material respects,  the financial position of The Miranda Company and subsidiaries, as of December 31, 2022 and 2021 as results of their operations and their cash flows for each of the years in the three-year period ended December 31, 2022, in conformity with the International Financial Reporting Standards.”

This is an Adverse Opinion issued by the auditing firm to The Miranda Company.

Select one:
True
False 
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