Summarize article including definitions of audit group, Operation Management

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Summarize article including definitions of audit group

1. Summarize article, including definitions of audit, group audit, group audit opinion, consolidated statements, consolidation policy, component auditor and significant component.

2. Discuss sources of risk in group financial statements.

3. Identify group financial statement users and discuss the importance of quality audits to them.

4. Discuss group audit process including advantages and pitfalls.

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Operation Management: Summarize article including definitions of audit group

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Operation Management: Summarize article including definitions of audit group

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