Required: Perform Horizontal (B/S I/S), Vertical (I/S only) and ratio analysis as indicated.
Required: Perform Horizontal (B/S & I/S), Vertical (I/S only) and ratio analysis as indicated.
Compute potential measures of Materiality as indicated and allocate the selected measure (sliding scale) among the assets (net) as indicated. Then prepare a memo that documents what you have done and the results of your procedures in good workpaper form. Highlight at least two items that will require audit attention. Please type your memo on word.
MemorandumDate: March 10, 2017To:From:Subject: Financial Analysis Pea Blossoms Company Dear ….:Thank you for the opportunity to review the firm’s financial statements and make this ratio…