Audit Essay Name of Student Name of Professor Submission Date Contents Introduction: 2 Management Assertions: 2 Evaluations of the Assertions: 4 External Market Forces: 6 Overview: 6 Market Factors which affect the Financials of the Company: 6 Political, Legal and Government Forces: 6 Economic Forces: 7 Social Forces: 7 Technological Forces: 7 Demographic…
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On reviewing the published financial statements of RRK Limited, their auditors, Ahmad Mobeen and Company, Chartered Accountants, noted the following. (i) It has been mentioned in the directors’ report 1hat a material amount which was provided as a bad debt had been recovered after year end. (ii) Director’s report states that decline in sales, was due to general economic conditions.…
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