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jtfortwengler jtfortwengler
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In a financial statement audit, the auditor

▸ gathers evidence to determine whether the statements contain material errors or other misstatements.

▸ must have a thorough understanding of the entity and its environment.

▸ determines whether the financial statements are stated in accordance with specified criteria.

▸ All of these.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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finley07finley07
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