Question
The same CFO of Kansan Ltd (FR) observes that asset ratios are excellent but debt is too high. He arranges his financial statement so that
The same CFO of Kansan Ltd (FR) observes that asset ratios are excellent but debt is too high. He arranges his financial statement so that the assets, liabilities and equity are presented in one page running down each other, with assets presented first, He is
a. Not compliance with the IFRS
b. In Compliance with the IFRS
c. Committing Froud
d. Manipulating data
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Complete Handbook Of Operational And Management Auditing
Authors: William T. Thornhill
1st Edition
0131611410, 978-0131611412
