Question $6$

For the current year audit, your client has decided to become a public company by undertaking an IPO on October $31($they have always been a private company until this IPO$).$ The partner has told you he wants to ensure we issue the correct audit opinion since the PCAOB likes to inspect companies who have recently undergone an IPO.

How do you think this information will affect the auditor's planned evidence from substantive testing for t current year?

Decrease

No Change

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