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please do it in detail (c) As part of the audit planning, auditor must understand the business operations and processes of the client. One of
please do it in detail 
(c) As part of the audit planning, auditor must understand the business operations and processes of the client. One of the methods to obtain the understanding is through identifying the related parties. Explain why this step is important and relate your answer with inherent risk. how related parties could help auditors in planning their audit effectively (4 marks) Step by Step Solution
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Introduction To Data Analytics For Accounting
Authors: Vernon Richardson, Katie Terrell, Ryan Teeter
1st Edition
126406828X, 978-1264068289
