AUDITING RMU
AUDITING RMU
11th Edition
ISBN: 9781260934830
Author: MESSIER
Publisher: MCGRAW-HILL HIGHER EDUCATION
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Chapter 3, Problem 3.30P
To determine

Concept Introduction:

Internal audit is a process designed to improve and enhance the companies or organization’s operations, and help to assess the whole internal control, corporate governance, and accounting process of a business. Audit procedure performs different test of controls to avoid the risks and make a report regarding the judgment on the company’s financial statement with named of audit report.

The amount of overall materiality for the audit

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