Page 3 - PowerPoint Presentation
P. 3
THE FINANCE AND INVESTMENT CYCLE
The Finance Cycle
Read up the relevant sections and be comfortable
with auditing (performing generic procedures) on
the following FSLIs;
• Share Capital
• Reserves
• Debentures
• Long-term loans
• Finance lease liabilities
• Provisions, contingent liabilities and contingent assets
• NB – Exam questions will always be at the
application level!
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