Speaking of...
2006年 03月 31日
I began with the memorization of Unqualified Opinion of the Independent Auditors Report.
Independent Auditor’s Report
We have audited the accompanying balance sheet of X company as of March 31, 2006 and the related statements of income, retained earnings, and cash flows. These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the financial statements based on our audit.
We conducted the audit in accordance with the auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain the reasonable assurance about whether the financial statements are free of material statement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the account principles used and the significant estimate made by the management, as well as evaluating the overall financial statement presentation. We believe our audit provides the reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of X company at March 31, 2006 and the results of its operation and its cash flows for the year then ended in accordance with the accounting principles generally accepted in the United States of America.
Last date of the field work
Independent Auditor’s Report
We have audited the accompanying balance sheet of X company as of March 31, 2006 and the related statements of income, retained earnings, and cash flows. These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the financial statements based on our audit.
We conducted the audit in accordance with the auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain the reasonable assurance about whether the financial statements are free of material statement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the account principles used and the significant estimate made by the management, as well as evaluating the overall financial statement presentation. We believe our audit provides the reasonable basis for our opinion.
In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of X company at March 31, 2006 and the results of its operation and its cash flows for the year then ended in accordance with the accounting principles generally accepted in the United States of America.
Last date of the field work
At first, it seemed too long to memorize. But it took only a day to memorize whole the report, actually. (Actually, I typed the above standard report without any material at hand!) I guess I made it in a day because, after going over many MCQs so far, now I HAVE UNDERSTOOD the meaning of each sentence with the implications between the lines.So it seems that I can remember the other types of reports in this vein.
Speaking of the topic of AUD, today I checked out Hitomi-san’s blog, where she introduced what we have to know about AUD exam before we sit for it. I learned a lot from there. Thank you, Hitomi-san, and Congratulations on your success in FAR!
Speaking of the topic of the success in AUD exam, Nihao-KT san, who helped me a lot with lots of advice when I was troubled with my NTS acquisition, got through AUD exam, too. Congrats! 可喜可賀、Nihao-KT先生!!He's providing a lot of useful info on AUD exam on his blog, which is definitely worth checking!
To be honest, I'm now a bit jealous, but I also know the fact is that they deserve their success.
Me? I don't deserve it, YET.
I’ve gotta follow them!