Working as a financial auditor was very interesting to me not only because I had to thoroughly understand the internal and external aspects of the industry, stakeholder, and business activities of the clients, but it also exposed me to the importance of keeping up with standards, regulations, and in that way, every finance auditor understands first, the inherent risk and develops a robust audit strategy and plan. Without this complete understanding, it may be tricky to take a realistic approach to audit materiality.
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