Why are the financial statement closing process and final adjusting entries always high risk, even if controls

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Why are the financial statement closing process and final adjusting entries always high risk, even if controls over the information system and general ledger accounts were found to be strong?

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Auditing An International Approach

ISBN: 978-1259087462

7th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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Question Posted: Jun 22, 2019 10:45 AM

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Why are the financial statement closing process and final adjusting entries always high risk, even if controls

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Any material closing journal entries or other late adju...View the full answer

Auditing An International Approach

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