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Subject Author Date
Auditing Questions on Livent, Inc. Joe 02-13-2007
Posted by Joe on February 13, 2007, 4:13 pm
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So I have an extra credit audit assignment but I'm having some trouble
with a few of the questions, so thought maybe I'd post them here and
see if anyone had any ideas -

I'll just post the 2 that I'm having the most trouble with:

1) What inherent risks and " non-typical" audit procedures are used on
audits of live theatrical productions, that are not used on normal
audits?

2) What professional standards apply to "due dilligence"
investigations performed by accounting firms?

This was some questions on the audit of Livent, Inc.

Any suggestions would be helpful.

Thank you.


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