Because of the possibility of related party transactions, the auditor should perform audit procedures designed to obtain
Question:
Because of the possibility of related party transactions, the auditor should perform audit procedures designed to obtain sufficient appropriate audit evidence regarding the identification and disclosure by management of related parties and the effect of related party transactions. Name the procedures an auditor may perform regarding related party information provided by management?
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To acquire an understanding the auditor will inquire of management regarding The identity of the ent...View the full answer
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Related Book For 
Principles of Auditing An Introduction to International Standards on Auditing
ISBN: 978-0273768173
3rd edition
Authors: Rick Hayes, Philip Wallage, Hans Gortemaker
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