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Briefly explain the five principal assertions that can be made about assets and liabilities, and auditors objectives related to each.

Briefly explain the five principal assertions that can be made about assets and liabilities, and auditors’ objectives related to each.

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Five principal assertions in financial statements 1 Existence assertion The practical objective is to establish with evidence that assets liabilities …View the full answer


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Auditing An International Approach

Auditing An International Approach

ISBN: 978-0071051415

6th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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Posted Date: January 09, 2015 09:29:38
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