Solved: Assume for our discussion that you were interest in, Accounting Basics

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Assume for our discussion that you were interest in

Problem

Assume for our discussion that you were interest in investing in a particular organization's stock and you were given access to their end of the year financial statements (Auditor's opinion letter, Balance Sheet, Operating Statement, Statement of Changes in Net Assets, Statement of Cash Flows and footnotes) prepared by their independent auditors. What would be the first five areas that you would review and why?

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Accounting Basics: Assume for our discussion that you were interest in

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