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Auditing
Explain why auditors need an understanding of the client's indus

Explain why auditors need an understanding of the client's indus

Explain why auditors need an understanding of the client's industry.
What information sources are commonly used by auditors to learn about the client's industry?

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Explain why auditors need to consider both existence and occurrence, and completeness

Explain why auditors need to consider both existence and occurrence, and completeness when auditing an account balance? In terms of the transactions posted, how much “audit comfort” does investigating these two assertions provide?

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In studying different prehistoric societies, an archeologist measures head circumferences of skulls.

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What is the purpose of an engagement letter? What subjects should be covered in such a letter?

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Auditing and Assurance services an integrated approach

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Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley

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