AC503 Unit 3 Assignment

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AC503 Unit 3 Assignment

AC503 Unit 3 Assignment

5-29: (Assertions) in planning the audit of a client’s inventory, and auditor identified the following issues that need audit attention.

6-21 (Audit Evidence) in an audit of financial statements, an auditor must judge the validity of the audit evidence obtained. 

6-22: (Audit Evidence)

During the course of an audit, the auditor examines a wide variety of documentation. Listed below are some forms of documentary evidence and the sources from which they were obtained. 

7-16 (Accepting the engagement) 

7-17 (Communication with predecessor/engagement letter)