Why do auditors need to understand how management assesses risks?

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Auditing An International Approach

ISBN: 978-1259087462

7th edition

Authors: Wally J. Smieliauskas, Kathryn Bewley

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Question Posted: Jun 20, 2019 10:16 AM

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Why do auditors need to understand how management assesses risks?

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Auditors understanding of the business and its management controls allow them to assess how effect...View the full answer

Auditing An International Approach

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