Required: In assessing the risk of material misstatement in the financial statements as a whole, why should
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In assessing the risk of material misstatement in the financial statements as a whole, why should auditors pay particular attention to external and internal performance measures that are used to evaluate the management, and to the impact of material misstatements on the quality of earnings?
Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial...
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Auditing An International Approach
ISBN: 978-0071051415
6th edition
Authors: Wally J. Smieliauskas, Kathryn Bewley
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