I think auditor is too theoretical and lack of business mind. To the business, they just thing cash in and cash out. All transactions are up to date. Auditor is looking for transaction two years ago. Meaningless.....
In business valuation, enterprise value is the value of the business. It includes any intangible assets not booked such as goodwill,...
To perform walk through in audit with the objective to ascertain the audit assertions. We need to understand the control or process in...
Per FRS 109, para 5.1.1, financial assets such as equity instruments shall be initially measured at fair value. And subsequently measured...
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