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Question -
In 2020 the Covid-19 pandemic brought Fiji government to their knees. They operate with uncertainty and encountered trade-offs in terms of challenges encountered. Individual's also face agonizing dilemmas and lock-downs including job losses.
Examine the nature and impact of financial Statement audit on government budgetary responses to the Covid-19 pandemic.
Required - You will examine the importance of financial statement audit on government's responses to the Covid-19 pandemic in Fiji.
Your findings must be reported in a manner consistent with a report showing the following:
Current status of the implementation of the budget during the Covid-19 pandemic
Fiscal impact of the Covid-19 pandemic on government accounting and budgeting
Recommendations on how financial statement audit improves the ways government used the budget during the Covid-19 pandemic.
Write reports with sub-headings and clearly defined sections.
Financial Statement Analysis and Preparation
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T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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