Explain effects on account of opening of first retail store

Assignment Help Accounting Basics

Reference no: EM132599132 , Length: 3

In this assignment, you will prepare a 2-3 page report that addresses the requirements specified in the case. Fully address each requirement and include at least two current references to scholarly and/or authoritative sources.

Instructions
Specifically you will be required to:

Question 1: Explain the effects on the account of the opening of the first retail store.

Question 2: Describe how the business change will affect audit risk components.

Question 3: Determine expected changes to inventory transactions and balances and specify which will be most affected by the business structure change.

Question 4: Describe the population(s) and recommend a sampling approach for substantive inventory testing.

Use at least two current, quality academic or authoritative sources in this assignment. Note: Wikipedia and similar websites do not qualify as quality scholarly and/or authoritative sources. Use the Strayer University Library to conduct your research.

Reference no: EM132599132

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