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How this decision specifically relates to Canada Goose

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Question - When you were planning the audit for Canada Goose you assessed OFSL as low. This included a positive control environment. You haven't decided whether you would want to take a combined or substantive approach to the audit. What are two arguments for or against taking a combined or substantive approach to this audit (ignoring the requirement for US publicly traded companies to take a combined approach)? Fully explain your arguments and how they relate to the approach choice for the OVERALL audit and how this decision specifically relates to Canada Goose.

Reference no: EM132913247

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