Explain how analytical and inferential tools can aid in the evaluation of accounting evidence. Provide at least one example from the readings or in current or past events. In your own 100 200 words.

analytical and mathematical (or inferential) tools
Both analytical and mathematical (or inferential) tools are very useful evaluating accounting discrepancies and collecting evidence. In many ways they complement each other. Analytical tools are very useful helping to chart and illustrate the process of an investigation. The use of flowcharts helps comprehend the flow of events sequentially. Many hard to grasp, abstract concepts
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Double declining Balance method

double-declining balance
I would explain to the CEO how was can avoid as much loss as possible by using the double-declining balance method. Using this method allows us to claim a higher depreciation expense in the early years of the buildings use and will gradually decrease over time. This will allow us to minimize the amount of
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About Amazon’s Balance Sheet

Amazon Accounting balance sheet
What is most unusual about the balance sheet? An unusual thing about Amazon’s balance sheet is that they are factoring their contingencies into their liabilities. While a company may include these if they are fairly certain they will come to fruition, contingencies are most commonly included as a footnote to the balance sheet rather than
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