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Author Question: When an audit client uses a service organization to manage their investment activity, (Read 44 times)

swande

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on: Aug 21, 2022
When an audit client uses a service organization to manage their investment activity,
◦ the auditor can always rely on the internal controls of the service organization.
◦ the auditor must state in their audit opinion that the client uses a service organization.
◦ the auditor can rely on the internal controls of the service organization if the service organization's auditor issues a report on their internal control.
◦ the auditor must rely on the service organization to determine the fair level 1, 2, and 3 estimates.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by swande on Aug 21, 2022

Htimsrs

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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swande

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Reply 2 on: Aug 21, 2022
Thanks for the timely response, appreciate it

Dinolord

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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