In the text we suggested that you should look broadly at figures in the financial statements before
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In the text we suggested that you should look broadly at figures in the financial statements before you calculated individual ratios. Explain in your own words why we took this view giving examples to support your argument. You may take a look at the Kothari and Art Aid cases as you are doing this.
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Looking broadly at figures in financial statements before calculating individual ratios is crucial because it provides context and a comprehensive understanding of a companys financial health Heres wh...View the full answer
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Related Book For 
The Audit Process Principles Practice And Cases
ISBN: 9781473760189
7th Edition
Authors: Iain Gray, Louise Crawford, Stuart Manson
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