Required: Explain what an accounting process/cycle is and how it relates to business processes and to the
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Explain what an accounting process/cycle is and how it relates to business processes and to the entity’s financial statements. Why is the approach of identifying accounting processes/cycles useful in planning an audit?
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Business processes generate accounting information Types or classes o...View the full answer
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Related Book For 
Auditing An International Approach
ISBN: 978-0071051415
6th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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