Paragraphs 5-7 of PCAOB Auditing Standard No. 13. Comment about how your understanding of the inherent risks

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Paragraphs 5-7 of PCAOB Auditing Standard No. 13. Comment about how your understanding of the inherent risks identified at Enron (in Question 13) would influence the nature, timing, and extent of your audit work at Enron.

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Auditing and Accounting Cases Investigating Issues of Fraud and Professional Ethics

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Authors: Jay Thibodeau, Deborah Freier

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Question Posted: Dec 02, 2015 01:23 AM

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Paragraphs 5-7 of PCAOB Auditing Standard No. 13. Comment about how your understanding of the inherent risks

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As a general rule the lower the risk of material misstatement the less audit attention is needed during the audit It therefore follows that the higher ...View the full answer

Auditing and Accounting Cases Investigating Issues of Fraud and Professional Ethics

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