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EarthWear case study: understanding the entity: -entitys business and it's industry and environment? -entitys accounting policies and practices? -entitys financial performance? -conclusion related to the
EarthWear case study:
Marking schemes 5 10 Company General Information Section 1: Assessing Inherent Risk A. Entity's business and its industry and environment B. Entity's accounting policies and practices C. Entity's financial performance D. Conclusion related to the entity Inherent risk: (Low/moderate/ High), explain. 10 10 5 Marking schemes 5 10 Company General Information Section 1: Assessing Inherent Risk A. Entity's business and its industry and environment B. Entity's accounting policies and practices C. Entity's financial performance D. Conclusion related to the entity Inherent risk: (Low/moderate/ High), explain. 10 10 5 understanding the entity:
-entitys business and it's industry and environment?
-entitys accounting policies and practices?
-entitys financial performance?
-conclusion related to the entity inherent risk:(low/moderate/high) explanation?
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