the final review stage of audit involves taking overall view of the financial statements and assessing how fairly they reflect the underlying economic events and conditions that occurred in the entity. This question involves pulling together different aspects of the material that helps auditors take this overall integrated view, and considering the case of a real company's financial statements.

Items in Business Processes

Shares

Debts

Capital assets

Long-term investment

Interest

Dividends

Revenues generated

Goods created and sold

Services created and sold

Operating income

Losses

Retained earnings

Taxes

Required

For each of the above items included in the entity's business process, identify which financial statement will it appear in and all of the other financial statement elements to which it is related.

Answer format

Items in business process-> financial statements and all of the other financial statements element