What general types of subsequent events, Accounting Basics

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What general types of subsequent events

Namiki, CPA, is auditing the financial statements of Taylor Corporation for the year ended December 31, 2009. Namiki plans to complete the fieldwork and sign the auditor's report about March 10, 2010. Namiki is concerned about events and transactions occurring after December 31, 2009, that may affect the 2009 financial statements.

Required:

a. What general types of subsequent events require Namiki's consideration and evaluation?

b. What auditing procedures should Namiki consider performing to gather evidence concerning subsequent events?

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Accounting Basics: What general types of subsequent events

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Accounting Basics: What general types of subsequent events

Reference No:- TGS0706610

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Recent Questions Asked Accounting Basics

Q : Using the nonstatistical sampling formula

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What general types of subsequent events

Reference No:- TGS0706610

Recent Questions Asked Accounting Basics

Q : Using the nonstatistical sampling formula

Q : Discuss favorable variance for industrial engineers report

Q : Describe the substantive audit procedures

Q : How does each affect the valuation of inventory

Q : What general types of subsequent events

Q : How many personal and dependency exemptions

Q : Calculate the cost of the hr department allocated

Q : What is the tax consequence to tom

Q : Explain how accounts receivable turnover affects the amount

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