Question: What are the important controls that the auditor should expect to find over management's process of making accounting estimates? Consider for example, the process of
What are the important controls that the auditor should expect to find over management's process of making accounting estimates? Consider for example, the process of estimating the proper allowance for uncollectible accounts.
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Sometimes there is a tendency to think that making estimates is purely judgmental and there is not a ... View full answer
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