Due Diligence: Purpose, Purpose, Scope Benefit and More

What is Due diligence? Due diligence (DD) is research (comprehensive survey) or fact-finding of the Acquiring company for a targeted company. When the Acquiring company plans to buy the target company, the acquiring company will do DD to the target company. DD can be...

Risk of Material Misstatement for Cash

Risk of Material Misstatement for Cash Cash includes cash equivalents. Cash is shown under the “current assets” of the balance sheet. These are the liquid assets of the company. The most important component for any audit is checking cash. The inherent risk and control...