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Author Question: Industry comparisons can be used as (Read 22 times)

hgjjghgjh

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on: Aug 21, 2022

Question 1

Auditors compare client data with
◦ industry data.
◦ client-determined expected results.
◦ similar prior-period data.
◦ All of these.

Question 2

Industry comparisons can be used as
◦ an aid to understanding the client's business.
◦ an indicator of errors.
◦ an indicator of fraud.
◦ an aid to internal controls.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by hgjjghgjh on Aug 21, 2022

SphnxKickin

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Reply #1 on: Aug 21, 2022
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hgjjghgjh

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Reply 2 on: Aug 21, 2022
Wow, this really help

Dominic

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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