Describe the following requirements that help to achieve audit quality and thereby help to minimize the exposure

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Describe the following requirements that help to achieve audit quality and thereby help to minimize the exposure of external auditors to lawsuits:

a. Maintaining auditor independence

b. Participating in review programs

c. Issuing engagement letters

d. Making appropriate client acceptance/continuance decisions

e. Evaluating the audit firm’s limitations

f. Maintaining high quality audit documentation

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Auditing a risk based approach to conducting a quality audit

ISBN: 978-1133939153

9th edition

Authors: Karla Johnstone, Audrey Gramling, Larry Rittenberg

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Question Posted: Sep 22, 2014 07:53 AM

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Describe the following requirements that help to achieve audit quality and thereby help to minimize the exposure

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Auditing a risk based approach to conducting a quality audit

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