Question: 1. Explain the procedures auditors perform when planning an audit, particularly for ensuring the auditor is exercising due care. 2. Explain how the auditor determines

1. Explain the procedures auditors perform when planning an audit, particularly for ensuring the auditor is exercising due care.

2. Explain how the auditor determines materiality (4 STEPS).

3. Explain how the auditor understands the entity.

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