Question

Gruen Corporation is a large diversified company with a large amount of property, plant, and equipment and intangible assets, including goodwill. In the past year the company has experienced a significant decline in a number of its lines of business.
a. What risk of material misstatement is indicated from the information provided?
b. Describe how the auditors would generally obtain evidence about the value of goodwill.



$1.99
Sales1
Views106
Comments0
  • CreatedOctober 27, 2014
  • Files Included
Post your question
5000