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npeelman npeelman
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6 years ago
Bratlett Company has purchased all of the shares of another company, but does not want to consolidate its financial statements. Management has drafted a rather long and confusing note to the financial statements that describes the transaction that took place briefly, and states that debt has been acquired in a foreign currency. In your view, the transaction, its effect on the company and the accounts have not properly been disclosed.
Required:
List the audit objectives about presentation and disclosure that have been affected and explain how they are affected.
Textbook 
Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Auditing: The Art and Science of Assurance Engagements, Canadian Edition


Edition: 12th
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inthe80sinthe80s
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6 years ago
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npeelman Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
annakc
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Yesterday
Correct Slight Smile TY
jmendoza
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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