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Auditing is a prestigious profession in modern society and therefore they are expected to provide a high quality service to the stakeholders. Audit quality is highly regulated nationally and internationally in the western free economic societies including Australia. YOU ARE REQUIRED TO PROVIDE (a) (b) Four reasons explaining why audit quality matters in the financial report auditing in Australia; and Four control procedures that could ensure the firm's staff have the necessary capabilities and competence to carry out quality audit. Auditing is a prestigious profession in modern society and therefore they are expected to provide a high quality service to the stakeholders. Audit quality is highly regulated nationally and internationally in the western free economic societies including Australia. YOU ARE REQUIRED TO PROVIDE (a) (b) Four reasons explaining why audit quality matters in the financial report auditing in Australia; and Four control procedures that could ensure the firm's staff have the necessary capabilities and competence to carry out quality audit.
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a Four reasons why audit quality matters in financial report auditing in Australia are Reliable and accurate financial information Audit quality ensures that the financial reports prepared by companie... View the full answer
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Posted Date:
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