Question: The audit client has provided staff with a code of ethics for working from home under the COVID-19 conditions, and the audit client staff have

The audit client has provided staff with a code of ethics for working from home under the COVID-19 conditions, and the audit client staff have been required to sign and return an acknowledgement that they have read and understood the code of ethics.

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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