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What does it mean to cast and cross-cast a list?
so circularization only checks the existence of receivables….?
I will guess accuracy will not be an assertion for account balances because of money in transit.
Reeceivables circularisation does not help much with valuation. If I couldn’tpay someone, I might reply positively to a circ so as not to raise their suspicions.
Accuracy is not an assertion for account balances, ans no-one has ever been able to explain why to me. However,accuracy is an assertion relevant to presentation, and I therefore I believe it is ultimately important for account balances.
Hello can i ask something. Is receivable Circularisation checks also Valuation assertion?? Because in the lecture it says it checks existence and accuracy but accuracy is not an assertion for Account Balances , Valuation is……
HE WILL SLEEEEEEEEEEEEEP
toooooooo Shorttt AUDIT lecturessss…????
why is this soo ??
Lecture is fine, better fix your PC ammar
support page is here: http://opentuition.com/support/
this lecture is nor woeking man admin plz check….
Are the ‘other work on receivables’, mentioned in the lecture, are substantive procedures confirming the financial statement assertions?
these are short lectures
and no, sorry you cannot download them
it’s a nice teaching audio listening tool but it will be nice if there is a provision for it to be downlaod
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