Explain why the auditor divides the financial statements into components or segments in order to test managements

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Explain why the auditor divides the financial statements into components or segments in order to test management’s assertions.

Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Auditing and Assurance Services A Systematic Approach

ISBN: 978-1259162343

9th edition

Authors: William Messier, Steven Glover, Douglas Prawitt

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