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    Auditing management estimates and risks involved

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    Discuss key audit steps you would perform in auditing accounting estimates.
    What risks are involved to the auditor in auditing such estimates?
    Please answer very concisely in 50 words or less (maximum).

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    https://brainmass.com/business/forensic-accounting/auditing-management-estimates-risks-578032

    Solution Preview

    Discuss key audit steps you would perform in auditing accounting estimates.

    Analytical review and verifying assumptions are used to audit estimates. For example, to analyze the allowance for ...

    Solution Summary

    In less than 50 words each key audit steps are outlined and risks are identified when auditing accounting estimates.

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