Question
for each of the following determin the correct way to report the situation i.e record in the books, diclosure required, or no reporting needed. a.
for each of the following determin the correct way to report the situation i.e record in the books, diclosure required, or no reporting needed.
a. the likelihood of a payment occuring is probable and the estimted amount is 1.3 million
b. the likelihood of a payment occuring is prbably and the amount is estimated to range 1.1 million to 1.6 million
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Principles of Auditing and Other Assurance Services
Authors: Ray Whittington, Kurt Pany
19th edition
978-0077804770, 78025613, 77804775, 978-0078025617
