Auditing standards have been criticized by different sources forfailing to provide useful guidelines for conducting an audit. The critics believe thestandards should be more specific to enable practitioners to improve the quality of theirperformance. As the standards are now stated, some critics believe that they provide littlemore than an excuse to conduct inadequate audits. Evaluate this criticism of auditingstandards
Auditing standards have been criticized by different sources forfailing to provide useful guidelines for conducting an audit. The critics believe thestandards should be more specific to enable practitioners to improve the quality of theirperformance. As the standards are now stated, some critics believe that they provide littlemore than an excuse to conduct inadequate audits. Evaluate this criticism of auditingstandards
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Auditing standards have been criticized by different sources for
failing to provide useful guidelines for conducting an audit. The critics believe the
standards should be more specific to enable practitioners to improve the quality of their
performance. As the standards are now stated, some critics believe that they provide little
more than an excuse to conduct inadequate audits. Evaluate this criticism of auditing
standards
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