In February 2017, the PCAOB issued an inspection report of Grant Thornton. The report is PCAOB Release

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In February 2017, the PCAOB issued an inspection report of Grant Thornton. The report is PCAOB Release No. 104-2017-027. Obtain a copy of this Release from the PCAOB website.

a. Identify the audit deficiencies related to inventory.

b. Indicate the auditing standards related to the deficiencies you identified in a.

c. Why do you think that these inventory-related deficiencies occurred?

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Auditing A Risk Based-Approach

ISBN: 978-1337619455

11th Edition

Authors: Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

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Question Posted: Jan 11, 2024 09:00 AM

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In February 2017, the PCAOB issued an inspection report of Grant Thornton. The report is PCAOB Release

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Students should discover that B 1 provides a list of specific auditing standards related to the defi...View the full answer

Auditing A Risk Based-Approach

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