Beruflich Dokumente
Kultur Dokumente
Bank
8 000 000
Treasury stocks
4 000 000
Investments profits
Knowing that the par value of the share is LE 10.
c-
Your neighbor Ibrahim Sarhan invited you to lunch yesterday. Sure enough,
it was no free lunch because Ibrahim wanted to discuss the annual report of
Marsa Alam Company. He owns Marsa Alam and just received the annual
report. Ibrahim says Our auditors prepared the audited financial statements
and gave an unqualified opinion, so my investment must be safe. What
misconceptions does Ibrahim seem to have about the auditors role with
respect to Marsa Alam Company?
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