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Co-operative Societies
An audit in this case is carried out as a normal audit except you should note that the auditor is appointed by the Commissioner of Co-operatives and although he reports to the members the accounts must be registered with the Commissioner. Of exceptional note is that he is needed to take out special investigations on the bad debts provision to establish its sufficiency and on the good debts he has to verify their recoverability.
list and explain four factors that influence the auditor''s judgement regarding the sufficiency if the evidence obtain
Classification of Individual Business Risk Individual business risk can be low or high impact and low or high likelihood. Here are some illustrations for a satirical magazine.
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