Outline the procedures auditors may perform: (i) To assess the risk of the financial statements being materially

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Outline the procedures auditors may perform:

(i) To assess the risk of the financial statements being materially misstated as a result of fraud.

(ii) To respond to the possibility of the financial statements being materially misstated as a result of management overriding the auditee’s internal controls.

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Principles Of External Auditing

ISBN: 9780470974452

4th Edition

Authors: Brenda Porter, Jon Simon, David Hatherly

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Question Posted: Jan 27, 2024 11:01 PM

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Outline the procedures auditors may perform: (i) To assess the risk of the financial statements being materially

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i Assessing the Risk of Material Misstatement due to Fraud 1 Inquiries The audit team would inquire about the managements views on the risks of fraud ...View the full answer

Principles Of External Auditing

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