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Auditing (Example)

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List four areas of high inherent risk based on your findings in (a) above and explain how they could affect the financial statements of 2015. Inherent risks refer to susceptibility of a given account balance or various classes of account balances to material misstatements given the inherent and environmental characteristics. The financial statements of Bonto limited has demonstrated presence of the following areas of high inherent shareholders. A thorough investigation should be done especially on the costing method of its costs of goods to be sold. If the costs of goods sold increases then we will either expect the sales to be increasing or inventory and debtors’ levels to be decreasing but not that all of them taking a similar trend. That in itself is an indication that something is wrong somewhere. [...]

Order Description:

it is Auditing, i need to done it 8 Hrs only, and all the words should be by yourself,

Subject Area: Accounting

Document Type: Proofreading

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $25

Words 550

Pages 2

Completed in 1 day

Expert Drsophiaava

Client Review

Good

Positive
09.28.2016

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