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Consider that KPMG identified a fraud risk in journal entries in its audit...but...insufficiently tested the client's journal entries.... What was wrong with the approach taken

Consider that "KPMG identified a fraud risk in journal entries in its audit...but...insufficiently tested the client's journal entries...." What was wrong with the approach taken by the auditor? What do you think the auditor should have done instead?

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The auditors approach in this scenario presents a significant deficiency in the audit process Here are some issues with the approach taken by the auditor and suggestions on what could have been done d... blur-text-image

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