Question
Apple INC CONCLUSIONS: Identify three specific accounts you would specifically want to spend your audit time on due to higher Risk of Material Misstatement (RMM).
Apple INC CONCLUSIONS: Identify three specific accounts you would specifically want to spend your audit time on due to higher Risk of Material Misstatement (RMM). For the three years 2015, 2016, 2017. You are to identify three different accounts and reasons why you have identified each account has higher RMM based on the work one in Parts 1 and 2. Hint: Cash, A/R, Inventory, etc: You really only support you increased risk assessment with the large $/% change this is not enough for the project. For the financial statement project I am looking for you to 1. identify a specific account you can audit and 2. Support the increased risk of that account with a minimum of two pieces of evidence, one must be from your ratio work.
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