Key performance indicators used by a client to monitor its performance provide an auditor an insight into which accounts are potentially at risk of misstatement.

Question

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Key performance indicators are used to measure the performance of an organization, and they can provide important information about the potential risk of misstatements in certain accounts or areas of the business. By analyzing these indicators, auditors can identify areas that may require further examination or testing to ensure the accuracy and completeness of the financial statements.

Key Performance Indicators Used by a Client to Monitor Its