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    How is an auditor's examination affected when a client engages in significant related- party transactions? What measures should an auditor take to determine that such transactions have been properly recorded by a client?

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    https://brainmass.com/business/external-auditing/significant-related-party-transactions-131905

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    How is an auditor's examination affected when a client engages in significant related- party transactions?

    The auditor's examination is affected because he is required to identify all transactions with related parties under AU Section 334. This also ...

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    This explanation provides you a comprehensive argument relating to significant related party transactions.

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