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What unique characteristics of the oil and gas industry

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Reference no: EM132464937

Question 1. What unique characteristics of the oil and gas industry create audit risk? In particular:

Question a. Cite the relevant authoritative guidance and provide examples of the types of risks that may be prevalent in the industry.

Question b. Identify how the risks in the contract bidding process relate to the ?nancial statements.

Reference no: EM132464937

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