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• Go to the PCAOB Website to review the internal control requirements (Auditing Standard No. 5)....

• Go to the PCAOB Website to review the internal control requirements (Auditing Standard No. 5). Next, analyze the major steps related to planning the audit. Based on your analysis, recommend at least two (2) changes that the PCAOB could make that would increase the overall effectiveness in audit planning. Provide a rationale for your recommendation.

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