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Example West View Limited is a 740-billion-dollar company that trades on the Jamaica Stock Exchange company manufactures and sells consumer products locally and internationally. Recently

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Example West View Limited is a 740-billion-dollar company that trades on the Jamaica Stock Exchange company manufactures and sells consumer products locally and internationally. Recently the company fired its external auditors, Pratt CPA LLC, and hired your firm Strong Values CPA LI Below is an extract of West View's Balance Sheet as of December 31, 2019. Fixed Assets Plant & Equipment 800,000 Accumulated Depreciation 200000 Net Plant & Equipment 600,000 (Fixed assets amounting 87,000 was purchased during the year) Required You have been assigned to audit the fixed assets for West View Limited. Provide five (5) financi statement assertions that are applicable to fixed assets and detail the audit procedures that you would execute to verify the fixed assets balance as of December 31, 2019. (See required forma next slide) Applicable Financial Statement FORMAT Text Objective Applicable Audi es pen Applicable A Edek 1 2 3 4 5

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