Financial Auditing assignment help



Why is it important for the auditor to consider the impact of contingent liabilities on the financial statements?
What is the purpose of performing analytical procedures on the financial statement balances at the end of the audit?
What is the purpose of testing legal expenses?
What is meant by the evaluation of a client's ability to continue as a going concern?
What are some situations that would require modification of the auditor's opinion related to going concern?
What is the auditor's responsibility for assessing a client's ability to continue as a going concern?
Responses should be in own words with a minimum of 90 word count for each question

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