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Author Question: Why does the auditor divide the financial statements into segments around the financial statement cycles? (Read 78 times)

jlol3

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on: Aug 21, 2022
Why does the auditor divide the financial statements into segments around the financial statement cycles?
◦ Most auditors are trained to audit cycles as opposed to entire financial statements.
◦ The approach aids in the assignment of tasks to different members of the audit team.
◦ The cycle approach is required by auditing standards.
◦ The cycle approach allows the auditor to detect illegal acts.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by jlol3 on Aug 21, 2022

Sha

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jlol3

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

Animal_Goddess

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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