Develop what we used to call a schedule of schedules which means I want you to tell me what information you will request from the client in order to develop your approach and conduct your audit. This can be best developed by account

Develop a list of critical questions you will need to have answered in order to develop your approach and conduct the audit.

Without the benefit of hindsight tell me what the audit opinion should be and give me cogent reasons supporting your opinion.

Answer rating: 100% (QA)

Answer I Information request from the client in order to develop audit approach and conduct the audit 1 Comparisons to external market data For assets ... View the full answer