Explain briefly: (i) The purpose of Auditing Standards and the benefits they provide for (a) Auditors. (b)
Question:
Explain briefly:
(i) The purpose of Auditing Standards and the benefits they provide for
(a) Auditors.
(b) Financial statement users and
(c) The auditing profession.
(ii) How Auditing Standards differ from Practice Notes and Bulletins.
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Step by Step Answer:
i The purpose of Auditing Standards and the benefits they provide for a Auditors Auditing standards are guidelines that auditors adhere to as they per...View the full answer
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Related Book For 
Principles Of External Auditing
ISBN: 9780470974452
4th Edition
Authors: Brenda Porter, Jon Simon, David Hatherly
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