Auditing and Accounting Cases 4th Edition by Deborah Freier,Jay Thibodeau

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.