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The audit of financial statements involves a critical process. Required: a)Identify three of the five key process stages that are performed during an audit engagement.
The audit of financial statements involves a critical process.
Required:
a)Identify three of the five key process stages that are performed during an audit engagement. (3marks)
b)Explain why each of the stages you identified in part (a) is critical to the audit process. (3marks)
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