Knowledge of the business is a frame of reference within which the auditor exercises professional judgment. This

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Knowledge of the business is a frame of reference within which the auditor exercises professional judgment. This assists the auditor in carrying out the following objectives,:

a. Assessing risks and identifying problems.

b. Evaluating audit evidence.

c. Determining the audit opinion to be expressed.

d. Planning and performing the audit effectively and efficiently.

Related Book For answer-question

Auditing and Assurance Services An Applied Approach

ISBN: 978-0073404004

1st edition

Authors: Iris Stuart

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Posted Date: Jan 01, 2023 11:51 PM

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Knowledge of the business is a frame of reference within which the auditor exercises professional judgment. This

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Auditing and Assurance Services An Applied Approach

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