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Discuss the factors for consideration at the planning stage of an audit whether to place to reliance on internal controls? 6 marks) Question 2
Discuss the factors for consideration at the planning stage of an audit whether to place to reliance on internal controls? 6 marks) Question 2 Explain which three categories the assertions fall under when complying with ISA 500. (6 marks) Question 3 Discuss the audit procedures you would undertake for identifying contingencies while conducting audit. (6 marks)
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1 Factors to Consider when Planning to Place Reliance on Internal Controls during Audit When planning an audit auditors may consider relying on internal controls to assess the risk of material misstat...
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Auditing and Assurance Services
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
6th edition
978-1259197109, 77632281, 77862341, 1259197107, 9780077632281, 978-0077862343
