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(d) A member of your audit team has asked for information on ISA 701 Communicating Key Audit Matters in the Independent Auditor's Report as she

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(d) A member of your audit team has asked for information on ISA 701 Communicating Key Audit Matters in the Independent Auditor's Report as she has heard this standard is applicable to listed clients such as Sonny Days. Required: Identify what a key audit matter (KAM) is and explain how the auditor determines and communicates KAM. (6 marks)

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