Question
I need help with the following: The company I have chosen is Costco Wholesale Describe the assertions for both the balance sheet and the income
I need help with the following:
The company I have chosen is Costco Wholesale
Describe the assertions for both the balance sheet and the income statements.
For your SEC 10K Company, discuss how you as the auditor would audit the following line items and what audit procedures you would apply to those items.Ensure that you discuss the assertions in your answer for each line item as well as whether the item is material or not.Show the dollar amounts.
Audit of Cash Balances
Audit of Accounts Receivables
Audit of Inventory
Audit of Accounts Payable
Long Term Debt
Sales
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