You are auditing a company that shows a loss for the year of 700 000. This figure
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You are auditing a company that shows a loss for the year of £700 000. This figure is after charging impairment of property, plant and equipment of £1 500 000. As a part of your work you note that in the directors’ report a profit of £800 000 is quoted as profit for the year. What are your responsibilities in respect of this matter?
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Related Book For
The Audit Process Principles Practice And Cases
ISBN: 9781473760189
7th Edition
Authors: Iain Gray, Louise Crawford, Stuart Manson
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