Question
Company A has a number of long and short-term payables, outstanding revenues and noncurrent assets in its balance sheet. REQUIRED Discuss the audit procedures you
Company A has a number of long and short-term payables, outstanding revenues and noncurrent assets in its balance sheet.
REQUIRED
Discuss the audit procedures you would apply to each of the three items listed below, including those relating to disclosure;
a) Outstanding revenues(5.5 marks)
b) Plant and equipment(6 marks)
c) Outstanding liabilities(6 marks)
Step by Step Solution
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Step: 1
The detailed answer for the above question is provided below A Outstanding Revenues Audit procedures for outstanding revenues would include the follow...
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Step: 3
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
14th Edition
133081605, 132575957, 9780133081602, 978-0132575959
