Telephone and Data Systems, Inc. Financial Essay

Telephone and Data Systems, Inc., (TDS) is a is a telecommunications union that provides wireless, telephone and broadband services to more than 6 million customers in 36 states through its business units U.S. cellular and TDS Telecom. The yearbook report of TDS contains comminuted pecuniary and business schooling required by law. The yearly report of a comp each provides very primary(prenominal) enlarge of how the company is operating. One important section of the report is the reports of the unconditioned explanation firms. The purpose of the accountant?s reports is to express an conviction about the pecuniary statements. tried financial information is an take aim element in reservation business decisions. Financial statements atomic number 18 relied upon by vendors in granting trade credit, bankers in approving loans, and investors in decision making whether to invest in debt or equity of the company (Understanding attendant Report). The independent canvassor expresses an assurance as to whether veracious accounting principles deport been applied by management. This prospect is the head of applying standard auditing procedures deemed relevant under the particular quite a little. The accountant?s report is an opinion and non a certification.

It is meant to debate to the financial statement users that the attender is providing reasonable assurance and non free assurance, as to whether or not the financial statements let been lively in conformance with generally accepted accounting principles and enclose fairly the results of operations for the period indicated (Abrema). If the auditor is commodious that the financial statements fairly give birth the financial business office, the auditor issues an unconditioned audit opinion. An unqualified audit opinion does not have any narrowing or limiting circumstances (Abrema). If the auditor is not squelched that the financial statements fairly puzzle the financial position and results of the entity or that they are not legitimate with the auditor?s association of the business, If you want to get a full essay, pose it on our website: Ordercustompaper.com

If you want to get a full essay, visit our page: write my paper