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Introduction to Financial Accounting.

   

Added on  2023-04-21

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Introduction to Financial Accounting
Introduction to Financial Accounting._1

David Jones Ltd Audit Firm
THE AUDIT FIRM FOR DAVID JONES LTD IS ERNEST
AND YOUNG INC.
Introduction to Financial Accounting._2

Auditors statement in relation to the accounting
information in the company’s report
The auditors stated that the consolidated and separate financial statement provides a
fair representation of all the material aspects.
The consolidated financial statements and the separate financial performance along
with consolidated and separate cash flow statement for the year ended is in compliance
with the IFRS framework and meets the requirements of the Companies Act of South
Africa.
The auditors stated that the process of valuation is difficult and requires judgement
relating to the certain assumptions while concluding regarding the inputs of
computations. The inputs usually comprise of ascertaining appropriate discounts, gross
margins, rate of growth and quantification of collaborations.
Introduction to Financial Accounting._3

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