The key reason for the radical audit reforms over the past decade is: A. The disparity of

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The key reason for the radical audit reforms over the past decade is:

A. The disparity of revenues and practices between the big firms and the smaller accounting practices.

B. The inability of auditors to meet their liability claims.

C. The alleged accounting fraud and audit failures related to major corporate collapses.

D. The recommendations of the Companies Auditors and Liquidators Disciplinary Board.

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Modern Auditing And Assurance Services

ISBN: 9781118615249

6th Edition

Authors: Philomena Leung, Paul Coram, Barry J. Cooper, Peter Richardson

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