Auditing: A Risk Based-Approach to Conducting a Quality Audit
Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN: 9781305080577
Author: Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher: South-Western College Pub
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Chapter 1, Problem 37RSCQ
To determine

Introduction:Audit refers to providing independent report over the presentation of financial statements of the company. Auditors provide their opinion regarding whether the financial statements fairly present the financial position of the company.

To identify:The primary parties that are involved in preparation and audit of the financial statements. Also, explain the roles of these parties.

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