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Hi guys, I just wanted a small advice that Is it a good option to give Tax along Audit for dec 24 attempt
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Assertions are basically claims made by management or those charged with governance, that all items in the financial statements are accurate. The claim is that:
1. they exist
2. they occurred
3. they were recorded accurately,
4. their values are correct,
5. they were recorded in the correct accounting period,
6. the entity has a right to the asset or an obligation towards the liability
and
7. they were entered in the correct classification.
Please let me know if I should use 2023 version
I am referring sample paper and this study text and exam kit of 2018 version
Is it fine
Has anybody got correct ans of EPSM UNIT 8- Accountancy quiz?
If you know, please share me
There is no need of F4 latest book, their hasn't been a bit of change in syllabus.
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Yes, what you are saying is correct and I can only assume that the property is held under the revaluation model and they have failed to state this in the question.
Normaly record lower of cv of asset or Nrv