Consider the following elements:
1. Scope of audit
2. Validity of appointment
3. Knowledge about business
4. Instruction to client
5. Division of work among audit clerks
The correct sequence of these elements for the commencement of a new audit will be

Auditing and accounting are concerned with which of the following financial statements?

A flow chart, made by the auditor, of an entity's internal control system is a graphic representation that depicts the auditor's:

The objective of the ordinary audit of financial statements is the expression of an opinion on

If the auditor believes that the financial statements are fairly stated or is unable to reach and conclusion because of insufficient evidence, the auditor

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