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Q2 You are an audit senior at E&Z audit firm, a small firm of chartered certified accountants that specializes in providing audits and financial statement
Q2 You are an audit senior at E&Z audit firm, a small firm of chartered certified accountants that specializes in providing audits and financial statement reviews for small to medium-sized companies. You are responsible for completing the assembly of the audit file. The audit has completed and the audit partner has signed the audit report on 1 March 2020. The audit partner has given you an audit file together with a memo immediately after he signed the audit report. You have read the memo and noticed the following: a) Several working papers and schedules are not signed off by the person in charge b) There are superseded debtors' confirmations in the file c) A confirmation from one of the banks is a faxed copy. (The original confirmation was received by it staff at the front office.) Once you received the memo,
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As an audit senior at EZ audit firm upon receiving the memo from the audit partner outlining the identified issues the next actions to take include Re...Get Instant Access to Expert-Tailored Solutions
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Step: 2
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