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Lecture - 9 - Completing The Audit PDF PDF

48 Pages·2023·English
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by ['Shiaab Aladeemi']| 2023| 48 pages| English

About Lecture - 9 - Completing The Audit PDF

This document discusses the final steps in completing an audit, including: 1) Performing additional tests related to financial statement presentation and disclosure objectives 2) Reviewing for contingent liabilities and commitments by evaluating known claims and identifying potential new claims 3) Obtaining and evaluating letters from the client's attorneys to inquire about existing or potential litigation 4) Conducting a post-balance sheet review for subsequent events that may require adjustment or disclosure in the financial statements 5) Performing final analytical procedures, evaluating the entity's ability to continue as a going concern, and obtaining a management representation letter to document important oral representations made during the audit.

Detailed Information

Author:['Shiaab Aladeemi']
Publication Year:2023
Pages:48
Language:English
Format:PDF
Price:FREE
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