City of Wasco, CA Demographic Information. * Demographic data is based on information taken from the 2000 Census. City of Wasco, CA covers 1 Area Code.
The notes to the financial statements also must disclose claims by creditors against the assets of the company. The note shows how the company is financing present and future costs. It also gives the user of the financial statements a look at future cash flows, which can affect the payment of dividends.
While the audit process itself is necessary, the auditor's report itself provides little information at all to the users of financial statements. There needs to be a greater sense of how the company's expressed the spirit of the accounting rules.