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Author Question: One of the first steps that should be performed for a review of a nonpublic entity's financial ... (Read 16 times)

lauraleepop

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on: Aug 21, 2022
One of the first steps that should be performed for a review of a nonpublic entity's financial statements is to
◦ read the financial statements.
◦ obtain knowledge of the accounting principles and practices of the client's industry.
◦ inquire whether management has omitted substantially all of the disclosures required by applicable accounting standards.
◦ apply analytical procedures to provide limited assurance that no material modifications should be made to the financial statements.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by lauraleepop on Aug 21, 2022

reactx

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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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lauraleepop

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Reply 2 on: Aug 21, 2022
Excellent

scottmt

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

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