Parmalat Finanziaria, S.p.A.
1. Identify key factors or circumstances that complicate an independent audit
of a multinational company.
a. The differences in cultural across the countries. Cultural and communication
Health Management, Inc.
3. Under what circumstances is an inventory rollback or roll forward typically
performed? How valid is the evidence yielded by this audit procedure? Explain.
When the inventory audit occurs after the year-
ZZZZ Best Company, Inc.
2. Professional auditing standards identify the principal management assertions that
underlie a set of financial statements. The occurrence assertion was particularly
critical for ZZZZ Bests insurance restoration contract