material misstatement

videoconferencing with your auditor

Why Face-to-Face Meetings with Your Auditor are Important

Remote audit procedures can help streamline the audit process and protect the parties from health risks during the COVID-19 crisis. However, seeing your auditor can be essential when it comes to identifying and assessing fraud risks during a financial statement audit. Virtual face-to-face meetings can be the solution. Asking questions Auditing standards require an auditor…

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