Auditing: A Risk Based-Approach (MindTap Course List)
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN: 9781337619455
Author: Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher: Cengage Learning
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Chapter 7, Problem 13RQSC
To determine

Introduction: It is about the risk assessment procedures for auditing the operations of a company.

To explain: The risk assessment procedures which an auditor has to perform for obtaining evidence regarding inherent risk in the operations of a company.

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Provide the key factor auditors will have to review when deciding on the inherent risk within the accounting system.
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what are business risks associated with an entity that an auditor should consider when performing an audit?
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