Question: 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
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
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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 full answer
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