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Question You are an audit manager in Ali Co, an audit firm. Your team has been assigned to perform the audit on revenue for a
Question You are an audit manager in Ali Co, an audit firm. Your team has been assigned to perform the audit on revenue for a client, M&M Sdn Bhd. M&M provides wedding planning services in Malaysia. The wedding planning services include bridal wear, photography and videography, entertainment, wedding MC, wedding decor suppliers, wedding caterers, florists, transportation, favors and jewelry and many more. You are given three audit trainees to assist you in completing the audit of M&M's revenue. a. The relevance of FIVE (5) types of audit procedures for obtaining audit evidence. b. An example of each of the audit procedure in part (a) above that is relevant to the audit of revenue for M&M Sdn Bhd C. Comment on the reliability of each audit procedures mentioned in part (b) above as an audit evidence. Part a,b,c do in a table form
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