AUDITING RMU
AUDITING RMU
11th Edition
ISBN: 9781260934830
Author: MESSIER
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 1, Problem 1.11RQ
To determine

Introduction: Auditing is a systematic process wherein the auditor investigates the financial statements, data, information and other records to determine whether the financial statements show the true and fair position of the firm or not.

To explain: The emphasis by audit technologies on auditor’s knowledge of business, accounting and auditing concepts and ability to exercise professional judgement.

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