Please solve all questions 4 Discuss why the approved standards on auditing are considered minimum standardsof performance for auditors.S Discuss how the setting up of the AOB can enhance the audit quality in Malaysia.6 Briefly identify all the elements of the ISQC 1 that audit firms should practice.

Audit: It is a systematic examination of books of accounts of an individual or firm. It is done by…

Answered: 4 Discuss why the approved standards on…

Business

Accounting

4 Discuss why the approved standards on auditing are considered minimum standards of performance for auditors.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Please solve all questions

4 Discuss why the approved standards on auditing are considered minimum standards
of performance for auditors.
S Discuss how the setting up of the AOB can enhance the audit quality in Malaysia.
6 Briefly identify all the elements of the ISQC 1 that audit firms should practice.

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