Case Study of Toy Central Corporation

The Purpose of the Memo
The purpose of this memo is to identify some of the business and audit risks that Toy Central Corporation is facing that need to be addressed. It will briefly describe some of the business risks that Toy Central Corporation is faced with so that the company can find ways of addressing them. The other issues that will be dealt with is the audit risk factors that arise in the company that have to be put into consideration when carrying out the audit process. The paper is also meant to describe accounting issues identified and related assertions so…..

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