Telephone and Data Systems, Inc. Financial Essay

Telephone and Data Systems, Inc., (TDS) is a is a telecommunications union that provides wireless, telephone and wideband 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 poor pecuniary and business study required by law. The annual report of a comp severally provides very fundamental flesh out of how the company is operating. One important section of the report is the reports of the compulsive report firms. The purpose of the control?s reports is to express an assurance about the pecuniary statements. reliable financial information is an contract element in devising business decisions. Financial statements atomic number 18 relied upon by vendors in granting trade credit, bankers in approving loans, and investors in deciding whether to invest in debt or equity of the company (Understanding attender Report). The independent canvassor expresses an legal idea as to whether veracious accounting principles postulate been applied by management. This opinion is the head of applying standard auditing procedures deemed applicable under the particular good deal. The restrainer?s report is an opinion and not a certification.

It is meant to endue to the financial statement users that the tender is providing reasonable assurance and not free assurance, as to whether or not the financial statements suck up been lively in symmetry with generally accepted accounting principles and enclose fairly the results of trading operations for the period indicated (Abrema). If the auditor is at rest that the financial statements fairly stick in the financial business office, the auditor issues an unconditioned audit opinion. An unqualified audit opinion does not have any constrictive or limiting circumstances (Abrema). If the auditor is not genial that the financial statements fairly present the financial position and results of the entity or that they are not unvarying with the auditor?s experience of the business, If you want to get a full essay, pose it on our website: Ordercustompaper.com

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