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Auditors identify significant risks when performing their audits. Required: a. Explain what is meant by a significant risk. b. What factors do auditors consider
Auditors identify "significant risks" when performing their audits. Required: a. Explain what is meant by a significant risk. b. What factors do auditors consider in assessing whether a risk is a significant risk? c. Describe how a significant risk should be treated in an audit.
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Government and Not for Profit Accounting Concepts and Practices
Authors: Michael H. Granof, Saleha B. Khumawala
6th edition
978-1-119-4958, 9781118473047, 1118155971, 1118473043, 978-1118155974
