30 June 2019. The largest numbers of adverse findings were in the audit of asset values, particularly

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30 June 2019. The largest numbers of adverse findings were in the audit of asset values, particularly impairment of non-financial assets and the audit of revenue.’

a What does a 27 per cent deficiency rate mean?

b What are possible reasons for asset valuation being an area where many of the adverse findings occur?

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Fundamentals Of Accounting And Financial Management

ISBN: 9780170454797

8th Edition

Authors: Professor Ken Trotman, Kerry Humphreys

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