Solved: Audit firms systems of quality control, Accounting Basics

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Audit firms systems of quality control

Question 1. From the Key Players: Why is it important for the auditor to report to the audit committee?

Question 2. If the CPA auditor's spouse is a senior manager at the company to be audited, does the auditor have independence (may require some CPA literature research).

Question 3. What is the PACOB and why is it important for CPA's?

Question 4. Give an example of an Audit firms systems of quality control.

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Accounting Basics: Audit firms systems of quality control

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