Key notes from review of director meeting minutes 3. 12/03/19 The directors noted that they will engage a property valuer to assess the fair value of the Group’s investment properties at 30 June 2019. Explain what audit significance this matter would have, and two actions they should take to address it.
Key notes from review of director meeting minutes 3. 12/03/19 The directors noted that they will engage a property valuer to assess the fair value of the Group’s investment properties at 30 June 2019. Explain what audit significance this matter would have, and two actions they should take to address it.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Key notes from review of director meeting minutes
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3. |
12/03/19 |
The directors noted that they will engage a property valuer to assess the fair value of the Group’s investment properties at 30 June 2019.
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Explain what audit significance this matter would have, and two actions they should take to address it.
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