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Can you explain the role of support letter as evidence in the audit of financial statements?

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Question added by Frank Mwansa , ACCOUNTING LECTURER , FREELANCER
Date Posted: 2017/12/18
Kamel Boulahha
by Kamel Boulahha , موضف مبيعات , سونلغاز

The letter of financial support is used as a mean of obtaining audit evidence for events which may give rise to business risks such as from the financial perspective, a net liability or net current liability position that may cast significant doubt about the going concern assumption of the company

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