Question: Understanding the auditing challenges gives a broad scope to auditing and helpful safeguards can be taken to carry on the auditing process smoothly in an

Understanding the auditing challenges gives a broad scope to auditing and helpful safeguards can be taken to carry on the auditing process smoothly in an organization. There are many changes and challenges facing the audit profession. Some of the challenges are as follows: Revenue Recognition Fraud Inventory Inaccuracy Information Delays Talent Retention & Development Job Stress Outdated Skills Many more You are required to write a research paper and upload on Moodle on the topic Changes and Challenges facing the audit profession. You must support your views/arguments with research findings and evidence from real world cases and standards.

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