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Auditors May Expand Other Substantive Procedures to Address the Heightened

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Auditors may expand other substantive procedures to address the heightened risks of fraud.


Definitions:

Lateral Meristems

Plant tissue found in the stems and roots of woody plants contributing to the increase in thickness (secondary growth) through cell division.

Secondary Growth

Growth in thickness or girth of a plant, resulting from the activity of the lateral meristems.

Apical Meristem

The growth region in plants found within the tips of roots and shoots, where active cell division occurs.

Monocot Stems

Stems found in monocotyledonous plants, characterized by vascular bundles scattered throughout the stem rather than in a ring.

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