In applying a top-down, risk-based approach to an audit, should the auditor start with the ending account

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In applying a top-down, risk-based approach to an audit, should the auditor start with the ending account balances or does the auditor start with the significant processes that lead to material account balances? Is one approach preferred over the other? Explain.

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Auditing a business risk appraoch

ISBN: 978-0324375589

6th Edition

Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston

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