The integrity of management, principally determined through correspondence with the predecessor auditor, is important in an ------------------, not a ---------------.
The integrity of management, principally determined through correspondence with the predecessor auditor, is important in an audit, not a review.
“Nonresponses do not provide audit evidence about the financial statement assertions being addressed.” This statement describes a drawback of which type of confirmation?
Positive
----------------------------------------- "provide audit evidence only when responses are received from the recipients; nonresponses do not provide audit evidence about the financial statement assertions being addressed.”
Positive confirmations "provide audit evidence only when responses are received from the recipients; nonresponses do not provide audit evidence about the financial statement assertions being addressed.”