Answer the following questions and provide references and citations.

a. Define audit quality in your own language. How is audit quality related with financial reporting quality? 

b. What are the different attributes of auditor quality? Discuss with reference to auditor quality measures used in different articles you read in this class. 

c. Recently SEC revised the original rules defining (i) non-accelerated filers, (ii) accelerated filers and   (iii) large accelerated filers. What are the main revisions? 

d. What are the provisions formulated by the regulatory bodies to ensure auditor independence? 

Answer rating: 100% (QA)

a Audit quality refers to the degree to which an audit is conducted in accordance with the applicable auditing standards and is capable of providing r... View the full answer