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When analysing audited financial statements for a publicly-held company, which step would you need to perform if accrual accounts had been used that you would
When analysing audited financial statements for a publicly-held company, which step would you need to perform if accrual accounts had been used that you would not do if cash accounting was used?
Review the cash flows.
Analyze the financial information provided.
Determine the accounting principles used.
Identify any issues from your analysis and follow up with management.
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