For Canadian audit standard (CAS) 315 - Identifying and Assessing Risk, provide detailed actions that...

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Accounting

For Canadian audit standard (CAS) 315 - Identifying and Assessing Risk, provide detailed actions that the auditor should take to comply with the standard for each requirement:

  1. Risk Assessment Procedures and Related Activities
  2. Obtaining an Understanding of the Entity and Its Environment, the Applicable Financial Reporting Framework, and the Entity's System of Internal Control
  3. Identifying and Assessing the Risks of Material Misstatement
  4. Documentation

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