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Unformatted text preview: opinion. Additionally, they state that their audits were conducted in accordance with the standards of the Public Company Accounting Oversight Board thus substantiating their findings. In paragraph three, Ernst & Young affirm, that, in all material respects, the basic financial statements, as a whole, presents the information fairly. 4. The standard of accounting Ernst & Young used in examining Amazon financial statements was the standards of the Public Accounting Oversight Board and evaluated by these standards as well. 5. Amazons cash balance changed during 2007 from beginning at $1,013 to ending at $1,022 (in millions)a total change of + $9million....
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This note was uploaded on 07/18/2011 for the course ACCT 101 taught by Professor Thompson during the Spring '11 term at Broome Community College.
- Spring '11