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

  1. 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.

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