Finance and financial system


     misstatement – wrong information 2



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1.     misstatement – wrong information

2.     judgement – decisions, conclusions

3.     in depth – in detail

4.     audit procedure – device, way of checking

5.     preliminary analytical review – analysing of financial, economical activity in advance

6.     assumption – supposition

7.     audit risk – danger of unsatisfied control

8.     to seek evidence – to look for factors

9.     intentional – special, planned

10.  omission – gap, lack

11.  detection – smth. which is found

12.  deviation – turn

13.  to qualify the opinion – to make the audit conclusion with some notes

14.  integrity – professional honesty

15.  certify – to approve, to give license

16. comply with regulations – to meet requirements of smb


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