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What are the risk associated with banking activities

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Reference no: EM132971993

Question -

1. Share your insights on what is it look like to work as an auditor in the financial services industry?

2. What are the characteristics of a bank which generally distinguish them from other commercial enterprises?

3. Why is it needed to have special audit consideration in the audit of banks?

4. Determine what are some of the risk assessment procedures to be made in order for the auditor to understand the bank entity and its environment?

5. What are the risk associated with banking activities?

6. Identify and explain the procedures that are important to the examination of bank's accounts.

Reference no: EM132971993

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