Problem 1: Group audit applies to audit engagements for group financial statements, in particular those in which part of the work related to the financial statements on which the principal auditor is reporting is performed by other auditors (component auditors). How can the principal auditor report on the component auditor's contribution?
Problem 2: Please respond the below statement.
200 words and reference.
Discuss the Responsibilities of the Group Engagement Partner and the Group Engagement Team with audit reports?
What are some responsibilities of the Group Engagement Partner versus a Single location Engagement Partner?
Problem 3: Please respond the below statement.
200 words and reference.
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