Question: Discuss key elements that are important drivers of audit quality and evaluate whether an audit firm could reasonably be expected to identify key performance indicators

Discuss key elements that are important drivers of audit quality and evaluate whether an audit firm could reasonably be expected to identify key performance indicators against which audit quality could be measured and assessed.

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Key elements that are important drivers of audit quality include 1 Independence Auditors must maintain independence from the companies they audit to ensure objectivity and avoid conflicts of interest ... View full answer

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