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Discuss about the financial statement audits

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Reference no: EM132199861

Question: All financial statement audits will include an audit of the inventory cycle. You should plan for the audit by setting the audit objectives. For this assignment, write and submit 300-400 words that set specific internal controls that should be included to meet the following management assertions:

• Existence

• Completeness

• Accuracy or valuation

• Rights and obligations

• Presentation and disclosure

Reference no: EM132199861

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