Explain the issues that an auditor may need to deal with in the cash accounts, especially if the company has foreign bank accounts for international transactions.

Also, would a schedule of interbank transfers be helpful? Your answer should be two or three 

Answer rating: 100% (QA)

Auditing cash accounts particularly when a company engages in international transactions and holds foreign bank accounts presents unique challenges and complexities Here are several key issues that an ... View the full answer