(Solution) - A new board member for the Fire Protection District a -(2025 Original AI-Free Solution)

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Academic Level: Undergrad. (yrs 3-4)

Paper Format: APA

Pages: 5 Words: 1375

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A new board member for the Fire Protection District (a special purpose government) was reviewing the audit report for the district and noted that, although the district received an unqualified opinion, the audit report was longer than the one received by the corporation for which he worked. Assuming that the district received only an AICPA GAAS audit, explain for the board member why the district audit report is longer than the corporate audit report.