When component Auditors are involved in the audit of group financial statements the group Auditors are required
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Question:
When component Auditors are involved in the audit of group financial statements the group Auditors are required to
a. consider the independence and professional reputation of the component Auditors in deciding how to utilize their work
b. identify the extent of component Auditors involvement if they choose not to rely on the component Auditors work
c. identify the component Auditors by name in their report to appropriate limit their liability for the component auditors' work
d. disclaim in opinion on the portion of the financial statements examined by the component auditors
Related Book For
Auditing and Assurance Services
ISBN: 978-0077862343
6th edition
Authors: Timothy Louwers, Robert Ramsay, David Sinason, Jerry Straws
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