BASIC FINANCIAL STATEMENTS - As used in SFFAS 7, the basic financial statements are those on which an auditor would normally be engaged to express an opinion.
If an auditor would typically be giving an opinion on the statement, it may be considered a basic financial statement.
If the auditor is expected to express an opinion, then it's not a basic financial statement.
The three men with drumsticks are in all black on the stage.
Cocaine has a magical quality.
The man and woman are sleeping in front of the pillar.
Nobody listened to him.
A group of construction workers were working on the side of the building.
A women in black in on the stone.