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Audit Approach
The auditor:
1) Must get the cooperation of the client, as simply the client can authorise third parties that communicate along with the auditor.
2) Choose the way to use, this can be negative or positive or may a combination of both.
3) Choose a sample. All customers can be circularised since this is unusual.
4) Draft the circular, however ensure about it is written out on the client letter head and such it requires a reply to be send direct to the auditor.
5) Fill in the details.
6) Himself the letter dispatch.
7) Evaluate and receive replies.
8) Follow up whenever replies are not received.
For each of the following situations, describe how risk of material misstatement should be assessed and what effect the assessment will have on detection risk. (i) Johnson is a
What are the engagement procedures of auditing
how to operate distribute amount and section rate also provision party bill
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