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What impact on planning of an audit engagement

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Reference no: EM132614140

Question 1: The COVID 19 pandemic is a one in 100yr event. What impact does this have on the planning of an audit engagement? Include in your answer the impact on each area of Audit Risk.

Question 2: Audits are a key control activity for many companies. Explain FOUR factors that creat a demand for an independent financial report.

Reference no: EM132614140

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