Question: What potential consequences do frequent changes in auditors have for the quality of a given entitys independent audits? Identify professional standards or other rules and

What potential consequences do frequent changes in auditors have for the quality of a given entity’s independent audits? Identify professional standards or other rules and regulations that are intended to discourage auditor changes or provide disclosure of the circumstances surrounding them.

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Empirical research has demonstrated that there is somewhat of a learning curve effect in independent audits That is auditors generally become more pro... View full answer

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