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Unformatted text preview: b. Assess the entitys ability to continue as a going concern c. Indicate the presence of possible misstatements in the financial statements d. Reduce detailed audit tests 5. Inquires of the client 6. Recalculation 7. Reperformance 8. Observation II. Audit documentation A. Purpose B. Ownership C. Confidentiality D. Requirements for retention= E. Contents and organization F. Permanent files ACC 421 Chapter Seven Outline G. Current files H. Preparation...
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This note was uploaded on 02/19/2012 for the course ACCOUNTING 320 taught by Professor Rich during the Fall '12 term at Columbia College.
- Fall '12