Auditor Jones is studying a companys accounting treatment of a series of complicated transactions in exotic financial

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Auditor Jones is studying a company’s accounting treatment of a series of complicated transactions in exotic financial instruments. She should look for the highest level of authoritative support for proper accounting in

a. provincial securities commissions’ staff position statements.

b. CPA Canada industry audit and accounting guides.

c. CPA Canada recommendations in the Handbook.

d. Emerging Issues Committee consensus statements.

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Auditing An International Approach

ISBN: 978-1259087462

7th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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