The auditing standards that are used to guide the conduct of the audit are a

The auditing standards that are used to guide the

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1-22The auditing standards that are used to guide the conduct of the audit are a. Implicitly referred to in the opening paragraph of the auditor’s standard report.
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b. Explicitly referred to in the opening paragraph of the auditor’s standard report. c. Implicitly referred to in the scope paragraph of the auditor’s standard report. d. Explicitly referred to in the scope paragraph of the auditor’s standard report. e. Implicitly referred to in the opinion paragraph of the auditor’s standard report.f. Explicitly referred to in the opinion paragraph of the auditor’s standard report. 1-23A client has used an inappropriate method of accounting for its pension liability on thebalance sheet. The resulting misstatement is material, but the auditor does not consider its effectto be pervasive. The auditor is unable to convince the client to alter its accounting treatment. The rest of the financial statements are fairly stated in the auditor’s opinion. Which kind of audit report should the auditor issue under these circumstances? 1-26John Josephs, an audit manager for Tip, Acanoe & Tylerto, was asked to speak at a dinner meeting of the local Small Business Administration Association. The president of theassociation has suggested that he talk about the various phases of the audit process to help
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small business owners better understand what auditors do. John has asked you, his trusted assistant, to prepare an outline for his speech. He suggests that you answer the following:a. List and briefly describe the various phases of an audit.
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