PwC contended here again that its audit procedures were adequate. "The level of testing of a forecasting process in the context of a goodwill impairment test is a matter of audit judgment," the firm wrote.
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David Newman
Oct 22, 2007 7:38 PM ET
Audit Errors and the Ethics of Money
Expediency of audit work > effectiveness of audit work. This arises from the intensification of the labour audit … more
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