Assume that you have been assigned to the audit of Lockyer Manufacturing Company. You have completed the
Question:
a. Describe the next stage of the audit process.
b. Explain how the auditors may respond to high risk audit engagements and high risk audit assertions.
c. Describe the nature of further audit procedures, including when the procedures should include tests of controls.
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Related Book For
Principles of Auditing and Other Assurance Services
ISBN: 978-0078025617
19th edition
Authors: Ray Whittington, Kurt Pany
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