Die’s Medicinal Chemicals and Botanicals Audit Strategy
Die’s Medicinal Chemicals and Botanicals (Andie’s) audit strategy along with an overview of the business and economic environmental risks of material misstatement due to:
· External business factors
· Nature of the client (operations and organizational structure)
· Business risks related to Andie’s stated objectives and strategies
· Managements financial performance measures 2. Identify factors that affect Andie’s control risk. 3. Differentiate an “emerging growth company” as defined in Section 2(a) of the Securities Act of 1933, modified by the Jumpstart Our Business Start-ups Act of 2012 (the “JOBS Act”), section 4 107 with a company compliant with public company effective dates for new or revised accounting standards.
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