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According to International Auditing Standards (ISA 200, the framework of international standards of auditing), financial statements are usually prepared and presented annually and are directed at common informational needs of a wide range of users.
Many of the users rely on the financial statements as their major source of additional information to meet their specific information needs.
Wilfykil answered the question on April 11, 2019 at 06:07
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Date posted: February 23, 2019. Answers (1)
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Date posted: February 23, 2019. Answers (1)