ACCT401 – Auditing Principles and Procedures – Assignment (1)

I need help with a Accounting question. All explanations and answers will be used to help me learn. 1- What are the types of audit report opinions? When should an auditor issue each report? 2- What is the importance of Auditor’s Risk Assessment process? Detail your answer. 3- What is the difference between substantive analytical procedures and test of details? Detail your answer. 4- Discuss how does internal control assessment affects audit risk model? IMPORTANT NOTE: Answer in your own words.
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