Question: Refer to the Auditing in Practice feature, Guidance on Assessing the Quality, Not Just the Acceptability, of Significant Accounting Policies. Assessing the quality of accounting

Refer to the Auditing in Practice feature, “Guidance on Assessing the Quality, Not Just the Acceptability, of Significant Accounting Policies.” Assessing the quality of accounting policies is a matter of professional judgment. What considerations are relevant in making this judgment?

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