Solution-Suggest the associated key financial accounts

Suggest the associated key financial accounts

Assignment Help Financial Accounting

Reference no: EM133253549

Matter 1

The financial result for FY22 was expected to be disappointing, with expected revenue and profit before tax down 30% and 70% respectively. Sales in China were forecasted to increase 15%, and Australian milk business was up 10%. However, this was more than offset by the challenges experienced in the UK market, with expected sales down 52%.

identify and explain whether the item relates to inherent risks or control risks, and its effects on specific aspects of the audit plan.
for each risk identified, suggest the associated KEY financial accounts and assertions that would be affected.
if there is a control risk identified, suggest controls that can be implemented to prevent and detect potential errors.

Reference no: EM133253549

Questions Cloud

Explain the different clinical types : Integumentary Function - Name the most common triggers for psoriasis and explain the different clinical types

How can be harmful to a scientist looking at small datasets : Can these all be coincidences? Look up "apophenia" and explain how it can be harmful to a scientist looking at small datasets.

Describe the process of purified pharmaceutical grade water : Describe the process of Purified pharmaceutical grade water (PUW) Generation, Storage and Distribution PUW Purified water and NOT Water for injection WFI.

Can you imagine receiving an ad from target informing you : Read Case - "Data Analysis Gone Wrong" Can you imagine receiving an ad from Target informing you that your teenage daughter was pregnant

Suggest the associated key financial accounts : The financial result for FY22 was expected to be disappointing, with expected revenue and profit before tax down 30% and 70% respectively. Sales in China were f

Difference between nondispersive and multiplex in modern : What is the difference between nondispersive and multiplex in modern analytical chem? for example, nondispersive UV-Vis and multiplex FTIR.

Ending inventory on june 20 : On June 1 Felix company purchased 10 umbrellas for five dollars each on June 11 the company purchase an additional 10 umbrellas for seven dollars each on June 2

What part of a charter analysis was he applying : When judge claimed that allowing the followers of this religion to smoke pot was not workable in our legal system, what part of Charter analysis was he applying

What are the oxidation numbers of all the species : What are the oxidation numbers of all the species? Suggest a dry oxidation pathway for H4Z =>ZO.

User Account

All Pages

Suggest the associated key financial accounts

Reference no: EM133253549

Reference no: EM133253549

Questions Cloud

Reviews

Write a Review

Financial Accounting Questions & Answers

Financial statement analysis and preparation

Shareholder of a company

Financial and accounting principles

Prepare a statement of cash flow using the direct method

Financial accounting assignment

Prepare general journal entries for goela

Principles of financial accounting

Prepare general journal entries to record the transactions

Global reporting initiative

Explain the iasb conceptual frameworks

Determine the company''s financial statements

Computation of free cash flow

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT