You recently joined Ali Lim & Co, Chartered Accountants, as an intern. During the staff briefing… Assignment Help

  

Show transcribed image text You recently joined Ali Lim & Co, Chartered Accountants, as an intern. During the staff briefing for the audit of Wawasan Group Berhad, the audit partner emphasised the need to address the risks of material misstatements during the audit. Based on the evidence gathered during the audit of Wawasan Group Berhad, the auditors discovered the following misstatements in the audit of the client’s assets: The auditors have set the preliminary judgement about materiality level at RM50,000. (a) Discuss the auditors use of materiality to determine whether the financial statements are materially misstated, and the implications for the financial statements. (b) Assuming that the misstatements for inventory in the table above is RM15,000 and the performance materiality for the same account to be RM12,000, discuss the implications of your audit of the company’s financial statements.

For over 13 years, we have offered unmatched academic services to students. While at it, we have developed a culture that allows us to keep our clients first. Also, the experience and skillset acquired over the years have refined us and consequently, led to the delivery of the best Academic products. Your Success is our Pride.

How we have managed to stay on Top :

1. Our Qualified Writers and Tutors: Our success is mainly because of our writers and tutors who endeavor to see that all papers are done excellently.

2. Papers of Top Quality: We guarantee top quality papers by employing unique research methods.

3. 100% Product Originality: Originality is the core pillar of our business. We use software and human intellect to check for originality and errors.

4. Timely Delivery: We commit to delivering all assignments within the stipulated timeframe. As such, resources are committed to an assignment depending on the delivery schedule.

5. Pricing: Our price ranges are custom developed to cater for all students. Additionally, we have amazing Discounts.

6. 24/7 Customer Care: We are available through-out to answer and serve our clients.

(it’s simple and quick)

  

Leave a Comment

Your email address will not be published.