Obtain a copy of Accounting and Auditing Enforcement Release (AAER) No. 3146, issued by the SEC on

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Obtain a copy of Accounting and Auditing Enforcement Release (AAER) No. 3146, issued by the SEC on June 24, 2010.

a. Identify the audit evidence deficiencies described in the release.

b. In what ways did the auditor fail to exhibit professional skepticism?

c. What sanction did the auditor receive? Does that sanction seem appropriate?

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Auditing a risk based approach to conducting a quality audit

ISBN: 978-1133939153

9th edition

Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg

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Question Posted: Sep 22, 2014 08:21 AM

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Obtain a copy of Accounting and Auditing Enforcement Release (AAER) No. 3146, issued by the SEC on

Question:

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A purpose of this assignment is to give the students an opportunity to read an actual AAER This selected AAER is brief yet provides some very interesting points for discussion a Selected excerpts from ...View the full answer

Auditing a risk based approach to conducting a quality audit

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