Auditing the financial statements, Accounting Basics

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Auditing the financial statements

Namiki, CPA, is auditing the financial statements of Taylor Corporation for the year ended December 31, 2011. Namiki plans to complete the fieldwork and sign the auditor's report about March 10, 2012. Namiki is concerned about events and transactions occurring after December 31, 2011, that may affect the 2011 financial statements.

Required:

a. What subsequent events should be considered?

b. What procueruse should be considered?

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Accounting Basics: Auditing the financial statements

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Accounting Basics: Auditing the financial statements

Reference No:- TGS054808

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Auditing the financial statements

Reference No:- TGS054808

Recent Questions Asked Accounting Basics

Q : Long-term debt in the capital structure

Q : Calculate the equity risk premium fo quarter century

Q : How existence of money reduce costs of making transactions

Q : Current price of common stock-motor homes inc

Q : Auditing the financial statements

Q : Rate of change of the distance from the particle

Q : What is the slope of the leakage schedule

Q : Adverse opinion on a client financial statements

Q : Calculating depreciation and amortization expense

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