Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

During audit of the bank. You have found out that that 50% of the asset is invested in land properties. What is the risks of

During audit of the bank. You have found out that that 50% of the asset is invested in land properties. 



What is the risks of these and what will you audit procedure will you perform?

Step by Step Solution

3.50 Rating (157 Votes )

There are 3 Steps involved in it

Step: 1

Investing 50 of assets in land properties can pose certain risks to a bank Some potential risks associated with such investments include 1 Market Risk Land values can be influenced by factors such as ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Accounting

Authors: Gail Fayerman

1st Canadian Edition

9781118774113, 1118774116, 111803791X, 978-1118037911

More Books

Students also viewed these Accounting questions

Question

Define Scientific Management

Answered: 1 week ago

Question

Explain budgetary Control

Answered: 1 week ago

Question

Solve the integral:

Answered: 1 week ago

Question

What is meant by Non-programmed decision?

Answered: 1 week ago

Question

22. Why is tPA not helpful in cases of hemorrhagepg105

Answered: 1 week ago