Question
my subject is auditing I need you to solve this question with 10 lines , and with your own works without copying from websites and
my subject is auditing
I need you to solve this question with 10 lines , and with your own works without copying from websites and Chegg itself also without plagiarism please , include thee-text book you will refer to also.
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Case 5: You are the auditor for KWC Corporation. You gathered comparative information for inventory and accounts payable and calculated the days purchases in accounts payable.
| 2018 | 2019 |
Inventory | $34,270 | $57,921 |
Accounts payable | $8,295 | $10,628 |
Days purchases in accounts payable (365 days/payables turnover) | 44.2 days | 44.6 days |
Required:
Prepare a list of possible concerns that you might have about potential misstatements in both accounts.
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