Explain importance of reviewing for contingent liabilities


Assignment

You and your team have completed your fieldwork and have a handful of other considerations before you compete the audit and issue your report. These activities are designed to ensure nothing significant has occurred between the completion of your fieldwork and the issuing of the audit report. You are assigned as a senior on the staff, in line to be promoted to manager, to instruct the other staff on the importance of considering contingent liabilities, letters from client lawyers, and subsequent events.

Create a 10- to 12-slide presentation for the staff. Explain the importance of reviewing for contingent liabilities and subsequent events. Describe the requirements for reviewing for contingent liabilities and subsequent events.

(Company Selected - Coca Cola)

• Index
• Explains - Contingent liabilities--
• Explains - Subsequent events--
• Describe - Contingent liabilities--
• Describe - Subsequent events--
• Letter from clients attorney
• Auditor's opinion and report
• Test process and procedures, example or analysis uses in audit.
• Exhibit
• References

Format your assignment according to the give formatting requirements:

• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.

• The response also includes a cover page containing the student's name, the title of the assignment, the course title, and the date. The cover page is not included in the required page length.

• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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Business Management: Explain importance of reviewing for contingent liabilities
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