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Discuss how a tour of SP premises will assist the auditor

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Reference no: EM133118354

Question - Your audit firm, Kellie & Associates, has just been appointed the auditor of a large manufacturing company, Silver Plus Ltd (SP). After accepting an engagement from a new manufacturer client, your firm's usual practice is to request a tour of the entire premises, including the factory. Discuss how a tour of SP's premises will assist the auditor in planning and conducting the audit.

Reference no: EM133118354

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