Question: In this discussion question you will identify the quality control standards that public accounting firms must meet to achieve appropriate levels of professional competence. What

In this discussion question you will identify the quality control standards that public accounting firms must meet to achieve appropriate levels of professional competence. What factors are required to meet the definition of a quality audit according to the Financial Reporting Councils Audit Quality Framework? What other organizations set frameworks for audit quality? How are they similar? How do they differ? What role does professional conduct play in audit quality?

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