A critical audit matter (CAM): a. Is any audit matter that results in a qualified opinion on

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A critical audit matter (CAM): 

a. Is any audit matter that results in a qualified opinion on the financial statements. 

b. Is any audit matter that is communicated to or required to be communicated to the audit committee. 

c. Relates to an opinion based in part on the report of another auditor. 

d. Relates to the subsequent discovery of facts between the date of the financial statements and the date of the auditor’s report.

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Auditing A Practical Approach With Data Analytics

ISBN: 9781119785996

2nd Edition

Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton

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