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What are the key steps in the audit process? Explain how an auditor assesses the risk of material misstatement in a companys financial statements.

- What are the key steps in the audit process? Explain how an auditor assesses the risk of material misstatement in a company’s financial statements.

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Key Steps in the Audit Process 1 Planning The auditor plans the audit engagement including understanding the clients business identifying key risks an... blur-text-image

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