AUDIT SCHEDULES Definition

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AUDIT SCHEDULES are the information formats developed by the external auditors to guide the corporation in the preparation of particular information presented in a particular manner that facilitates the audit. These should always be completed by the corporation prior to the start of the audit.

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WHITE KNIGHT is an entity that comes to the rescue of a corporation that is being taken over.

DOCUMENT REVIEW is a formalized technique of data collection involving the examination of existing records or documents.

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