The clients cost accounting system is often an important part of the CPAs audit of the financial statements of a manufacturing company For what purposes do the auditors consider the cost accounting system ...

During an audit of a manufacturing company the auditors consider the cost system for the follow ...

The clients cost accounting system is often an important part of the CPAs audit of the financial

Question:

The client’s cost accounting system is often an important part of the CPAs’ audit of the of a manufacturing company. For what purposes do the auditors consider the cost accounting system?

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...