What Might the Auditor's Process of Evaluating Financial Performance Measures

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The Answer is  The financial analysis may reveal areas where the company's results are inconsistent or suspicious, even after all audit tests have been conducted. Then, the auditor needs to follow up with management about the unexpected results and potentially revisit substantive testing to verify the accuracy of the numbers (and management's explanation). These issues should also be discussed with the audit committee when the draft auditor's report is discussed.

What Might the Auditor's Process of Evaluating Financial Performance Measures

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What Might the Auditor's Process of Evaluating Financial Performance Measures

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Correct Answer:VerifiedShow Answer

Correct Answer:
Verified