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The Dilemma of an Accountant
Essay specific features
Written by:
Rosemarie P
Date added:
January 9, 2015
Level:
University
Grade:
A
No of pages / words:
5 / 1254
Was viewed:
4304 times
Rating of current essay:
Essay content:
While performing the
audit, Daniel found a discrepancy with the value of the Sub’s largest real estate properties. The
Sub had valued the property at $2 million on their balance sheet, and Daniel had estimated the
value of that property to be much lower. Since the property was a dilapidated building in a bad
location and had been vacant for a number of years, Daniel estimated the value to be $1...
displayed 300 characters
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Since the property was a dilapidated building in a bad
location and had been vacant for a number of years, Daniel estimated the value to be $1.9 million
less than what the Sub had valued it at. Daniel spoke with the managers of the Sub about writing
down the value of the property by what he had estimated, and they refused...
displayed 300 characters
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