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(b) Identify and explain the financial statement risks to be taken into account

2021-04-25   

(b) Identify and explain the financial statement risks to be taken into account in planning the final audit.

(12 marks)

正确答案:

(b) Financial statement risksTutorial note: Note the timeframe. Financial statements for the year to 30 June 2006 are draft. Certain misstatementsmay therefore exist due to year-end procedures not yet having taken place.Revenue/(Receivables)■ Revenue has

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