Knowing that there are two significant risk indentified in audit plannin: 1 KCN has engaged...
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Accounting
Knowing that there are two significant risk indentified in audit plannin: KCN has engaged in a strategy to sell to customers with higher credit risk : The officers of the company receive significant bonuses based on quarterly results. Please provide detailed explanation for Ba in detail by explaining the number on the table. provide some calculation or comparison to support the answer for Ba For example, for the first conclusion, how much did it fluctuate? what is the range that will not be consider as significant fluctuate?how the revenue is misstated?overstateunderstate? explain each of the answer in Ba Identify unusual relationships or trends. Specifically, look for: Significant fluctuations in monthly revenue figures. Inconsistencies in the revenue recognition process. Unusual patterns or seasonality in revenue. Revenue figures significantly deviate from the budget or forecasts. identify if the number on the table has the trends, and if the trend indicates the risk: KCN has engaged in a strategy to sell to customers with higher credit risk : The officers of the company receive significant bonuses based on quarterly results.
Knowing that there are two significant risk indentified in audit plannin: KCN has engaged in a strategy to sell to customers with higher credit risk : The officers of the company receive significant bonuses based on quarterly results. Please provide detailed explanation for Ba in detail by explaining the number on the table. provide some calculation or comparison to support the answer for Ba For example, for the first conclusion, how much did it fluctuate? what is the range that will not be consider as significant fluctuate?how the revenue is misstated?overstateunderstate? explain each of the answer in Ba Identify unusual relationships or trends. Specifically, look for:
Significant fluctuations in monthly revenue figures.
Inconsistencies in the revenue recognition process.
Unusual patterns or seasonality in revenue.
Revenue figures significantly deviate from the budget or forecasts. identify if the number on the table has the trends, and if the trend indicates the risk: KCN has engaged in a strategy to sell to customers with higher credit risk : The officers of the company receive significant bonuses based on quarterly results.
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