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 7, Problem 32RSCQ
To determine

Introduction: It is about the qualitative aspects of material judgments by the auditor.

To describe: SEC is worried about the auditor’s skills to understand the qualitative aspects of material judgments. It is to be explained and to list out some factors pertaining to this.

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