Acc 814 exam 1 section 1 - Study guides, Class notes & Summaries
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ACC 814 Exam 1 Section 1 Complete Actual Questions With Correct Answers.
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KAMs - correct answer - Key Audit Matters 
 
- Required to be communicated to those charged with governance, such as the audit committee 
 
- Effective for audits of financial statements of listed companies for periods ending on or after December 15, 2016 
 
- International Auditing and Assurance Standards Board (IAASB) 
 
CAMs - correct answer - Give us more information in the audit opinion from the people who have more information to give 
 
- Defined as any matter arising from the a...
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