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Based on Starbucks 10-K Filing Fiscal Year Ended October 1, 2023. Write 10 to 15 pages 1. Revenue Recognition--Identify the Starbucks revenue recognition policies. Describe
Based on Starbucks 10-K Filing Fiscal Year Ended October 1, 2023. Write 10 to 15 pages 1. Revenue Recognition--Identify the Starbucks revenue recognition policies. Describe how you would evaluate the Starbucks revenue policies and procedures to ensure compliance with accounting standards? 2. Inventory Valuation--Hypothetically, (based on Starbucks), how you would go about testing the valuation of inventory. 3. Accounts Receivable--Hypothetically, (based on Starbucks), describe how you would audit this area, confirming the existence and completeness of the accounts receivable. In particular, describe what auditing techniques/tools/procedures you would use for this. 4. Financial Statement Disclosures: Describe how you would audit this area for completeness and accuracy. What tools and procedures would you use? 5. Internal Controls: What auditing techniques/tools/and procedures would you use to assess the design of operating effectiveness of key internal controls over financial reporting. Identify the key internal controls in place and assess if you think they are effective. If not, what would you add
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