Question: The audit client has published a code of ethics for its staff on the companys website, and the audit client management provide staff with ethics

The audit client has published a code of ethics for its staff on the companys website, and the audit client management provide staff with ethics training about acceptable ethical behaviour. 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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