Question
Critically discuss reasons why an auditor should understand a clients industry and external environment when conducting audit planning to assess client business risk and the
Critically discuss reasons why an auditor should understand a clients industry and external environment when conducting audit planning to assess client business risk and the risk of material misstatements. Provide relevant examples to illustrate your arguments. [1000 words maximum]
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Advanced Financial Accounting
Authors: Theodore Christensen, David Cottrell, Cassy Budd
12th Edition
1260165116, 9781260165111
