Question
Many diverse types of entities undergo audits. Provide three reasons for each of the following types of entities to undertake an annual audit, and indicate
Many diverse types of entities undergo audits. Provide three reasons for each of the following types of entities to undertake an annual audit, and indicate the types of benefits they would receive from an audit:
|
| Entities
| Types of entities | Types of benefits |
| a | Food for the Students | charity | 1. 2. 3.
|
| b | BHP Billiton Nickel West Pty Ltd | public company | 1. 2. 3.
|
| c | Canterbury League Club | Club | 1. 2. 3.
|
| d | City of Canterbury-Bankstown Council | Municipal government | 1. 2. 3. |
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Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappett
23rd edition
978-1259536359
