What would the effect have been on the audit procedures


Assume for requirement b that (1) assessed control risk had been high rather than low for each transaction-related audit objective, (2) inherent risk was high for each balance-related audit objective, and (3) analytical procedures indicated a high potential for misstatement. What would the effect have been on the audit procedures and sample sizes for requirement b?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What would the effect have been on the audit procedures
Reference No:- TGS0101960

Expected delivery within 24 Hours