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Author Question: The audit procedures for the subsequent events review can be divided into two categories:(1) ... (Read 55 times)

hjfhdiskkjs

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on: Aug 21, 2022
The audit procedures for the subsequent events review can be divided into two categories: 
(1) procedures integrated as a part of the verification of year-end account balances, and 
(2) those performed specifically for the purpose of discovering subsequent events. Which of the following procedures is in the first category?
◦ Inquire of client regarding contingent liabilities.
◦ Obtain a letter of representation written by client.
◦ Subsequent period sales and purchase transactions are examined to determine whether the cutoff is accurate.
◦ Review journals and ledgers of year 2 to determine the existence of any transactions related to year 1.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by hjfhdiskkjs on Aug 21, 2022

lola.jashay

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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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hjfhdiskkjs

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

lcapri7

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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