King cpa is auditing the financial statements of cycle, Ask an Expert

Accounting

King, CPA, is auditing the financial statements of Cycle company, a client that has receivables from customers arising from the sale of goods in the normal course of business. King is aware that the confirmation of accounts receivable is a generally accepted auditing procedure.

a) Under what circumstances could King justify omitting the confirmation of Cycle's accounts receivable?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9972447

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