The number of audits found to have deficiencies during PCAOB inspections showed another year-over-year increase in 2022,
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QUESTION 1
Following from the above case study, present a report to your company (or company of choice) advising them of the phases of a typical audit they should be cognizant of.
QUESTION 2
Audit Sampling simply is a tool in which less than 100% of the total items within the population of items are selected to be audited. In the Auditors pursuit of providing sufficient evidential matter, what are the approaches the Auditor can select?
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