Question: The audit client has established a hotline for staff to report any unethical behaviour or suspicion of fraudulent activities. Required: Explain the impact of this

The audit client has established a hotline for staff to report any unethical behaviour or suspicion of fraudulent activities.

Required:

Explain the impact of this issue on your assessment of a) audit risk, (by indicating the impact on the relevant components) and b) the audit strategy that would be adopted. (3 marks)

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