Financial performance measures have traditionally been used to assess the reasonableness of the overall financial statements. Financial
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Financial performance measures have traditionally been used to assess the reasonableness of the overall financial statements. Financial ratios and comparisons with other organizations in the same industry have been heavily used for this purpose. List financial ratios and financial metrics that can be used for this purpose and describe how auditors can use them to assess the overall reasonableness of financial statements.
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Auditing Assurance And Risk
ISBN: 9780324313185
3rd Edition
Authors: W. Robert Knechel, Steve Salterio, Brian Ballou
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