... to gaining knowledge of a client and its environment, risk assessment, materiality, audit strategy, and specific audit procedures for the revenue/receivables/receipts accounting cycle. The Teaching Notes provide support both for instructors who ask students to prepare the Case in advance of class...

... audit risk audit strategy The partner would like you to prepare an audit planning memorandum that addresses significant engagement issues and specifically identifies the matters relevant to the upcoming audit committee meeting. In order to prepare the memo, you reviewed the financial...