Читать книгу Wiley Practitioner's Guide to GAAS 2020 - Joanne M. Flood - Страница 165

 The potential effect on the financial statements of significant risks and exposures, and uncertainties, such as pending litigation, that are disclosed in the financial statements.

 The extent to which the financial statements are affected by unusual transactions, including nonrecurring amounts recognized during the period, and the extent to which such transactions are separately disclosed in the financial statements.

 The factors affecting asset and liability carrying values, including the entity’s bases for determining useful lives assigned to tangible and intangible assets. The communication may explain how factors affecting carrying values were selected and how alternative selections would have affected the financial statements.

 The selective correction of misstatements—for example, correcting misstatements with the effect of increasing reported earnings, but not those that have the effect of decreasing reported earnings.