Question: Case : read to the end please. Majdi has a degree in accounting from BZU and works for a local accounting office. He was asked

Case : read to the end please.

Majdi has a degree in accounting from BZU and works for a local accounting office. He was asked by a friend to prepare Financial statements for a small company in Ramallah. To help his friend Majdi prepared the financial statements and a report indicating that the financial statements were audited by him. What standards were violated and why? Is there a violation of the elements of audit quality control, briefly discuss?

- so briefly, if you audit on your own business,is that acceptable? and if it doesn't, what is the standard from audit standards that you have been violated and why?

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