the following independent situation, discuss the issue and describe the impact on the audit record with provide example Ii.Subsequent to the date of the financial statements, as a part of your subsequent event audit procedures, you observed that one of the purchaser’s two uninsured flora was broken because of a recent fireplace. The newspapers defined the occasion in element but the monetary statements and appended notes prepared by means of the purchaser did now not disclose the loss due to the fire.
the following independent situation, discuss the issue and describe the impact on the audit record with provide example Ii.Subsequent to the date of the financial statements, as a part of your subsequent event audit procedures, you observed that one of the purchaser’s two uninsured flora was broken because of a recent fireplace. The newspapers defined the occasion in element but the monetary statements and appended notes prepared by means of the purchaser did now not disclose the loss due to the fire.
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter16: Advanced Topics Concerning Complex Auditing Judgments
Section: Chapter Questions
Problem 17MCQ
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the following independent situation, discuss the issue and describe the impact on the audit record with provide example
Ii.Subsequent to the date of the financial statements, as a part of your subsequent event
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