a) Discuss whether the undocumented disbursements and the missing securities' proceeds should be of concern to you

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a) Discuss whether the undocumented disbursements and the missing securities' proceeds should be of concern to you in a balance sheet-only audit?

b) Identify the various courses of action that you might at least consider under these circumstances?

c) Explain briefly the arguments supporting each course of action?

Related Book For answer-question

Principles of Auditing and Other Assurance Services

ISBN: 978-0078025617

19th edition

Authors: Ray Whittington, Kurt Pany

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Posted Date: Feb 04, 2023 03:07 AM

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a) Discuss whether the undocumented disbursements and the missing securities' proceeds should be of concern to you

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Expert Answer:

a Yes the undocumented disbursements and missing securities proceeds should be a concern in a balance sheetonly audit This is because a balance sheeto... View the full answer

Principles of Auditing and Other Assurance Services

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