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August 21, 2022

What is the concept of risk of material misstatement due to fraud?

Write a research paper on SAS 99 which will respond to the following questions and items:

What are the major provisions of SAS 99?

What impact did SAS 99 have on the auditing procedures?

What is the concept of risk of material misstatement due to fraud?
How can the concept of risk be used to detect one of the financial statement fraud schemes discussed in Chapter 12?

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