QUESTION 7 Discuss the difference between Generally Accepted Accounting Principles (GAAP) and the International Accounting Standards and

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QUESTION 7

Discuss the difference between Generally Accepted Accounting Principles (GAAP) and the International Accounting Standards and why there was a need for harmonisation.

QUESTION 8

Suggest four (4) internal control measures for managing risks of misappropriation of cash and funds.

QUESTION 9

A) What is an Audit Trail and why is it important in Accounting or Financial Management?

B) Provide a list of five (5) items/elements that may be included in an audit trail

Posted Date: Jun 27, 2024 09:20 PM

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QUESTION 7 Discuss the difference between Generally Accepted Accounting Principles (GAAP) and the International Accounting Standards and

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