Best course of action for the parks auditing team


Question: Harris Chemicals Inc. has prevented the Parks Audit Team to confirm the existence of accounts receivable. Park's auditors tried a different way of verifying the accuracy and rights assertion on those receivables but not enough evidence to conclude. Which of the following is most likely the best course of action for the Parks auditing team? Select answer from the options below The auditors would communicate the situation to those charged with governance. The auditors would communicate the situation to PCAOB. The auditors should skip that area of the audit. The auditors should issue a disclaimer.

 

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Best course of action for the parks auditing team
Reference No:- TGS03426924

Expected delivery within 24 Hours