Please see the the attachments for complete assignment detail with instructions and the case files....

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Please see the the attachments for complete assignment detail with instructions and the case files. Thanks

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1. Trevor is given a bonus based on net income before tax. He is also the accountant of the company and prepares the financial statement of the company so he can increase the sale as well as can reduce the expenses to increase the amount of profit so that he receive higher bonus. 
	To avoid material misstatement in the financial statement for sales and expenses, the review procedure which can be adopted is to verify the sales bills and also the receipts of expenses. Then it is to be checked if all the entries in the financial statement are as per those receipts or if there is any bogus entry.
2. The company has the possibility of material misstatement in contract revenue. The company deals in selling the device as well as providing service along with those devices.

Please see the the attachments for complete assignment detail with instructions and the case files. Thanks

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