ASA 315-Major Audit Risk Areas For AMP
Description
ASA 315-Major Audit Risk Areas For AMP
1. Evaluate how revelations during the Royal Commission hearing would affect your audit plan. 2 2. Identify two major audit risk areas for AMP, and explain why you have identified these accounts as being significant. Discuss the potential impact of the audit risk on the company’s financial statements; and detail the auditing procedures to verify the account balances impacted by the risk 3.
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