father beats receive 55,000 in Ministry with orange 38 V 500 salary of ministry Services 2750 and Performing weddings in 13750 excluded personal allowance he incurred 7000 of unreimbursed expenses connected with his ministry earnings 5500 related to his Minister salary and 1500 related to weddings performed as self-employment how much of these expenses are deductible when figuring net income for income tax allocation to exclude personage alone
Audit Reports
Comp r ehensive Material Series Audit R eports 1) Explain why auditors’ reports are important to users of financial statements and why it is desirable to have standard wording. : Auditor's r eports a r e important to users of financial statements because they info r m users of the auditor's opinion as to whether or not the statements a r e fairly stated or whether no conclusion can be made with r ega r d to the fai r ness of their p r esentation . User s especiall y loo k fo r an y deviatio n f r o m th e wo r din g o f the standa r d unqualified r eport and the r easons and implications of such deviations. Having standa r d wo r ding imp r oves communications for the benefit of users of the auditor’s r eport. When the r e a r e departu r es f r om the standa r d wo r ding, users a r e mo r e li k e...
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