EP AUDITING+ASSURANCE...-MYACCT.LAB
EP AUDITING+ASSURANCE...-MYACCT.LAB
16th Edition
ISBN: 9780134148656
Author: ARENS
Publisher: PEARSON CO
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Chapter 6, Problem 27DQP

a.

To determine

Discuss the meaning of approaching an audit with an attitude of professional scepticism.

b.

To determine

Discuss the circumstances related to accounting treatment of the vendor allowances that should increase an auditor’s professional skepticism.

c.

To determine

Discuss the factors that might have caused the auditor to inappropriately accept the assertions by the management.

d.

To determine

Develop three questions that should have been asked by the auditor related to the vendor allowances.

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