Question: Auditing is a systematic process of objectively obtaining and evaluating evidence regarding assertions about economic actions and events to ascertain the degree of correspondence between

 Auditing is a systematic process of objectively obtaining and evaluating evidence

Auditing is a systematic process of objectively obtaining and evaluating evidence regarding assertions about economic actions and events to ascertain the degree of correspondence between those assertions and establish criteria and communicating results to interested parties. Required Identify any four (4) components of the financial statements that are required to be audited and examined by the auditor. (4 marks)

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