Assessment of risk
Existence of the sales invoice and the receivable,
rent receivable was invoiced as non current
No internal audit to overlook the completeness
of the receivables and invoices.
Substantive audit pro
Question 2. Budget.
The medium creatures manufacturing facility would like to lease the extra space and some
existing equipment to increase their production capacity by 40%. And they will incur
$500000 in cost in doing so. Our analysis
This case can be divided into four different sections each having different tax
consequences to Mc Donalds.
Mc Donalds replaced the electricity poles and overhead power lines with
underground cables. These cablings were a part of larger system