MindTap Accounting, 1 term (6 months) Printed Access Card for Johnstone/Gramling/Rittenberg's Auditing: A Risk Based-Approach, 11th
MindTap Accounting, 1 term (6 months) Printed Access Card for Johnstone/Gramling/Rittenberg's Auditing: A Risk Based-Approach, 11th
11th Edition
ISBN: 9781337619509
Author: JOHNSTONE, Karla M; Gramling, Audrey A.; Rittenberg, Larry E.
Publisher: Cengage Learning
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Chapter 1, Problem 40RQSC
To determine

Concept Introduction:The client acceptance and continuance decisions are the first step in doing quality audit. The risks associated with client audit and the returns from the clients and the audit firm’s strategy need to be carefully considered before taking such decision.

To explain:The similarity and difference between individual stock and audit clients, differences between audit acceptance and continuance decision and situations when deeper knowledge of clients is required.

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MindTap Accounting, 1 term (6 months) Printed Access Card for Johnstone/Gramling/Rittenberg's Auditing: A Risk Based-Approach, 11th

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