How you will decide issues of materiality

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Reference no: EM132217563

Question: Use a firm of your choice, either real or of your own creation aand write as from the perspective who has just been hired to conduct and audit of the firm.

a) Using the firm you have chosen, outline a thorough outline for the audit that includes descriptions of particularly important issues to be dealt with along the way.

b) Using the firm you are auditing, thoroughly outline the evidence you will gather. Explain the importance of each type and how you will gather and evaluate it.

c) Outline and describe how you will decide issues of materiality and how these shall/should be reported, analyzed, and acted upon by the firm being audited.

Reference no: EM132217563

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