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
Question
Chapter 1, Problem 36RSCQ

a.

To determine

Introduction: Audit firms could be in the form of small local firms, regional firms, or national firms. Owners may choose a type of audit firm by considering various factors such as size and complexity of firm and the nature of services to be performed.

To identify: The reason due to which management may want an independent audit to be conducted.

b.

To determine

Introduction: Audit firms could be in the form of small local firms, regional firms, or national firms. Owners may choose a type of audit firm by considering various factors such as size and complexity of firm and the nature of services to be performed.

To identify: The factors that would be considered while deciding the type of audit firm

c.

To determine

Introduction: Audit firms could be in the form of small local firms, regional firms, or national firms. Owners may choose a type of audit firm by considering various factors such as size and complexity of firm and the nature of services to be performed.

To list: The users that might be interested in the financial results.

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