Instructions
Read the article that I uploaded first.
And then Answer the Questions.
Answer each question in One Paragragh.
Use 3.5/4 pages answer the Question and Use the article that I uploaded as one sources.
Find Two more sources to support the Answer, the two more sources can not from Blogs.
Use the 0.5/4 pages to make a outline for this paper.
Questions:
1. Summarize the main points in the article about proposed changes to audit reports.
2. What are auditors concerns with changing audit reports as proposed in this article?
3. What is the problem if the audit report on this bank’s financial statements remained the same across this time period of the financial crisis and recovery (2008 to 2010)?
4. In the U.K., KPMG faces a possible inquiry into its audit of the bank HBOS related to to the bank’s loan loss provisions. What are provisions for loan losses? What was wrong with the provisions reported in the bank’s financial statements?
There are faxes for this order.
