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Ilia_Sergeevich [38]
2 years ago
5

How to identify the significant accounts, disclosures, and relevant assertions in auditing long-lived assets?

Business
1 answer:
RSB [31]2 years ago
6 0

An account or disclosure is a vast account or disclosure if there's an inexpensive possibility that the account or disclosure should contain a misstatement that, personally or when aggregated with others, has a fabric impact on the financial statements, considering the risks of each overstatement.

On the subject of auditing balance sheet accounts, which includes lengthy-term property and liabilities, the important thing assertions that an auditor will test are lifestyles; rights and duties; completeness and valuation.

To be able to become aware of these risks, we carry out techniques such as subsequent: Discussions with key employees to gain knowledge of your employer and its environment. Discussions and walkthroughs achieved and documented over internal manipulation tactics. diverse analytical tactics.

Learn more about environment here: brainly.com/question/17413226

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Select the correct answer. The word intestate means that a person has died with or without a will?
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A manufacturer tests, modifies, and retests an original idea several times before offering it to the consumer. This process is c
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Product development

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7 0
3 years ago
The trial balance of Sheridan Company at the end of its fiscal year, August 31, 2017, includes these accounts:
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Answer:

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