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Some corporations act as their own stock registrar and transfer agent. In these cases, the auditor is unable to confirm directly with outside stock registrars
Some corporations act as their own stock registrar and transfer agent. In these cases, the auditor is unable to confirm directly with outside stock registrars and transfer agents.
a. List three alternative procedures that the auditor must complete in relation to the stock of a corporation that acts as its own stock registrar and transfer agent.
b. What is the purpose of reconciling the general ledger control account, stockholders ledger and the stock certificate book?
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