Sir
In sa 705, can u please give example of the case when it is not practicable to quantify the financial effects?
Company audit 2 ke notes are not provided for in the notes…?
1 answer
— company has not done impairment, auditor cannot compute exact impact
— company shifted from FIFO to LIFO auditor cannot compute impact as he will need both inventories but he just has LIFO
please email notes problem to ravitaorisir@gmail.com