Assume that Oceanview’s long term debt to owner’s equity makes you believe that it cannot remain...

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Accounting

Assume that Oceanview’s long term debt to owner’sequity makes you believe that it cannot remain in business for muchlonger and that it is discussed, along with management’s plans, inNote 8 of the financial statements. Type out the paragraph youwould add to the Standard Report based on thisinformation.
Assume that Oceanview has recorded sales of $70,000 atthe end of the period that you believe should not have beenrecognized until the next fiscal year. Management refuses to adjustthe financial statements, so you decide to issue a qualifiedopinion. Type out the two paragraphs that you would add to/modifyin the Standard Report based on this information.

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Circumstance 1 In the given circumstance the reviewer is far fetched about the going concern presumption of the organization on examination of long haul obligation to proprietors value As the equivalent has been revealed in the in Note 8 of budget summaries alongside the administrations arrangement the inspector can given an Accentuation of issue passage as a piece of review report The passage is as per the following We attract See Answer

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