Identify two types of information in the$$ client's minutes of the board of directors meetings that are likely to be relevant to the auditor. Explain why it is important to read the minutes early in the engagement.

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Part $1$

Select two types of information in the$$ client's minutes of the board of directors meetings that are likely to be relevant to the auditor.

A$.$

Discussion about outstanding litigation and other contingencies

B$.$

Chart of accounts

C$.$

Declaration of dividends

D$.$

Internal controls documentation

E$.$

Bank reconciliation

F$.$

List of employees