In recent years the global economy has experienced recession levelsunprecedented since the Great Depression and the instability of the Euro continuesto cause volatility in stock and bond markets. Why might it be important for you toconsider current economic events as part of planning an audit?

International Financial Management
14th Edition
ISBN:9780357130698
Author:Madura
Publisher:Madura
ChapterA6: Appendix 6: Government Intervention During The Asian Crisis
Section: Chapter Questions
Problem 14DQ
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In recent years the global economy has experienced recession levels
unprecedented since the Great Depression and the instability of the Euro continues
to cause volatility in stock and bond markets. Why might it be important for you to
consider current economic events as part of planning an audit?

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