Question
a)With reference to the objective of an accounting conceptual framework, why do you think that verification for audit discrepancies amounting to RM4.54 billion in Serba
a)With reference to the objective of an accounting conceptual framework, why do you think that verification for audit discrepancies amounting to RM4.54 billion in Serba Dinamik Holdings Bhd transactions needs to be obtained?
b. Based on the earlier filing made by KPMG with Bursa, do you suspect that earnings management took place in the company?
[3 marks]
c. C. Why and why not? Use relevant theory or theories in ACC30008 when answering these questions.
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Financial Accounting
Authors: Pauline Weetman
8th Edition
129224447X, 9781292244471
