Describe how individual audit clients are both similar to and different from individual stocks in an investment

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Describe how individual audit clients are both similar to and different from individual stocks in an investment portfolio.
What is the difference between a client acceptance decision and a client continuance decision? In which decision-making setting does the auditor have the benefit of deeper knowledge of the client?

Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...
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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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