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Home Q & A Board Other Fields Homework Help Business Accounting
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npdtan92 npdtan92
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A year ago
When assessing the risk of material misstatements in the financial statements,

▸ inadequate internal control procedures will mitigate client business risk.

▸ GAAS specifies in detail how much and what types of evidence the auditor needs to obtain.

▸ company management is responsible for determining materiality levels.

▸ the auditor must understand the client's business and industry.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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nemisisnemisis
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A year ago
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npdtan92 Author
wrote...

A year ago
Thank you, thank you, thank you!
spaghetti
wrote...

Yesterday
Smart ... Thanks!
smdavis
wrote...

2 hours ago
Thanks for your help!!
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