Review the following documents: company background memo, accounting policies memo, financial information and working papers 518 and 519.complete audit schedule 520. Ensure in the planning materiality explanation section that you explain why you selected: · The benchmark you used to calculate materiality· The percentage you applied to the benchmark· The likelihood of management fraudEnsure for the accounts you identify as requiring a lower performance materiality you explain your rationale. complete working paper 520.
Company background memo
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