Town of Belmont, New Hampshire : Annual Report 2001
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An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.
The general-purpose financial statements referred to above do not include the General Fixed Assets Account Group, which should ...be included to conform with generally accepted accounting principles. The amounts that should be recorded in the General Fixed Assets Account Group are not known.
In our opinion, except for the effect on the general-purpose financial statements of the omission described in the preceding paragraph, the general-purpose financial statements referred to above present fairly, in all material respects, the financial position of the Town of Belmont as of December 31, 2000, and the results of its operations and the cash flows of its proprietary funds and non-expendable trust funds for the year then ended in conformity with generally accepted accounting principles.
What to read after Town of Belmont, New Hampshire : Annual Report 2001?
You can find similar books in the "Read Also" column, or choose other free books by Belmont (N.H. : Town) to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.
The general-purpose financial statements referred to above do not include the General Fixed Assets Account Group, which should ...be included to conform with generally accepted accounting principles. The amounts that should be recorded in the General Fixed Assets Account Group are not known.
In our opinion, except for the effect on the general-purpose financial statements of the omission described in the preceding paragraph, the general-purpose financial statements referred to above present fairly, in all material respects, the financial position of the Town of Belmont as of December 31, 2000, and the results of its operations and the cash flows of its proprietary funds and non-expendable trust funds for the year then ended in conformity with generally accepted accounting principles.
What to read after Town of Belmont, New Hampshire : Annual Report 2001?
You can find similar books in the "Read Also" column, or choose other free books by Belmont (N.H. : Town) to read onlineMoreLess
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