Tiêu đề bridge test 6 ans 2 (1).pdf ✅

[4] DHEERA TEST SERIES Visit us: www.dheeratests.com Approved by: N (with date) Award marks only if all the points Including the highlighted technical points are written correctly for each question. No marks for generic or Vague content as per ICAI. COMMON PITFALLS: Students Writing vague answers like "Checked invoices" without specifying what documents were matched Students Ignoring that not all sales require e-way bills and blindly writing “matched e- way bill with invoice”. (b) The nature of the entity, including: - 1. its operations; 2. its ownership and governance structures; 3. the types of investments that the entity is making and plans to make, including investments in special-purpose entities; and 4. the way that the entity is structured and how it is financed; to enable the auditor to understand the classes of transactions, account balances, and disclosures to be expected in the financial statements. Examples of matters that the auditor may consider while obtaining understanding of nature of entity include: - 1. Business operations such as nature of revenue sources, products or services, conduct of operations, location of production facilities, key customers and suppliers of goods and services structure etc. 2. Investment and investment activities such as capital investment activities and planned or recently executed acquisitions 3. Financing and financing activities such as major subsidiaries, debt 4. Financial reporting such as accounting principles and revenue recognition practices ——> 0.5 M ——> 0.5 M ——> 0.5 M ——> 0.5 M ——> 0.5 M ——> 0.75 M ——> 0.75 M ——> 0.75 M ——> 0.75 M