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 6, Problem 24RQSC
To determine

Introduction: To identify the audit procedures that might be used by an auditor for auditing related party transactions.

To Identify: The Audit procedures which are used by an auditor while auditing related party transactions.

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Explain Audit assertions procedures and why these are important? Explain with the help of example.
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essentially describe what materiality means in the context of the audit.
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