Explain how ratio analysis and industry comparisons can be useful to the auditor in identifying potential risk

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Explain how ratio analysis and industry comparisons can be useful to the auditor in identifying potential risk on an audit engagement. How can such analysis also help the auditor plan the audit?

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Auditing a business risk appraoch

ISBN: 978-0324375589

6th Edition

Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston

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Question Posted: Dec 29, 2012 05:53 AM

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Explain how ratio analysis and industry comparisons can be useful to the auditor in identifying potential risk

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Ratio and industry trend analysis can be useful in pointing out significant ...View the full answer

Auditing a business risk appraoch

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