Discuss the audit risk associated with auditing related party transactions?

Q)Discuss the audit risk associated with auditing related party transactions?

 Q)What are the major commonalities and lessons learned through an examination of frauds at Enron,Helthsouth,Worldcom,Addeco,Lucent and Parmalat?

Q)What is defensive auditing?Is it necessary?

Q)Why should the auditor take special care concerning accounting estimates?

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