Description of this paper

SAS No. 31, "Evidential Matter,"identifies five ke...

Description

Solution


Question

SAS No. 31, "Evidential Matter,"identifies five key management assertions that underlie a set of financial statements. What were the key assertions that Arthur Young should have attempted to substantiate for the Hidden Valleytransaction? What procedures should Arthur Young have used for this purpose, and what types of evidence should have been collected?

 

Paper#1206 | Written in 18-Jul-2015

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