List some components of understanding the client business

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Reference no: EM133375370

Topic: You have been assigned the audit of your city'slargest engineering company. The construction companyhas been one of your firm's audit clients for many years. It is modern and is located in a building owned by the corporation. The company has recently spent almost $4M modernizing its offices and construction tooling.

Question:

List some components of understanding the client's business and industry
For each components of understanding the client's businessand industry, providespecific examples of the work that you would do to develop the understanding
Explain how to document your understanding in the working paper files

Reference no: EM133375370

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