Auditing and Assurance Services (16th Edition)
Auditing and Assurance Services (16th Edition)
16th Edition
ISBN: 9780134065823
Author: Alvin A. Arens, Randal J. Elder, Mark S. Beasley, Chris E. Hogan
Publisher: PEARSON
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Chapter 8, Problem 8RQ
To determine

Describe the meaning of related party, and State the auditor’s responsibilities for related parties and related party transactions.

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What is the auditor's primary concern with respect to related party transactions?
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