Auditing and Accounting Cases: Investigating Issues of Fraud and Professional Ethics 3rd Edition by Jay Thibodeau,Deborah Freier

تمرين 3

Consult Paragraphs 28-30 of PCAOB Auditing Standard No. 5. Next, consider how the change in industry regulation and Enron's resulting strategy shift would impact your inherent risk assessment for the relevant assertions about revenue. Finally, identify the most relevant assertion for revenue before and after Enron's resulting strategy shift and briefly explain why.