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Author Question: In order to properly plan and perform an audit, an important fact for both the auditor and the ... (Read 53 times)

byomi

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on: Aug 21, 2022

Question 1

Historically, auditing standards have been organized into three categories, including
◦ standards of field work.
◦ purpose of an audit.
◦ responsibilities of the auditor.
◦ proper planning and supervision.

Question 2

In order to properly plan and perform an audit, an important fact for both the auditor and the client to understand is that
◦ the internal control policies and procedures are developed by the auditors.
◦ the purpose of an audit is to prevent fraud.
◦ management is responsible for the preparation of the financial statements.
◦ management can restrict the auditor's access to important information relevant to the financial statements.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by byomi on Aug 21, 2022

Burly

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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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byomi

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Reply 2 on: Aug 21, 2022
YES! Correct, THANKS for helping me on my review

lcapri7

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

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