For audits under the jurisdiction of the PCAOB, auditors must document significant findings or issues and actions taken to address them. One of the significant findings that auditors are required to document and address are audit adjustments. What are audit
For audits under the jurisdiction of the PCAOB, auditors must document significant findings or issues and actions taken to address them. One of the significant findings that auditors are required to document and address are audit adjustments. What are audit adjustments? Why might the PCAOB care if management refuses to make an audit adjustment that the auditor recommends?
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An audit adjustment is a correction of a misstatement of the financial statements that was or should …View the full answer

Related Book For
Auditing A Business Risk Approach
ISBN: 978-0538476232
8th edition
Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg
Posted Date: December 16, 2016 13:09:22
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