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During the financial year the audit client introduced a new software program system which allows the firm to process online sales and deliveries more efficiently.
During the financial year the audit client introduced a new software program system which allows the firm to process online sales and deliveries more efficiently. Several problems and errors arose during implementation. Required: Explain the impact of this issue on your assessment of a) audit risk, (by indicating the impact on the relevant components) and b) the audit strategy that would be adopted
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