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1. Auditing services and the principles underlying a financial statement audit performed following the Generally Accepted Auditing Standards (GAAS) Potential short answer: Discuss the managements

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  • Auditing services and the principles underlying a financial statement audit performed following the Generally Accepted Auditing Standards (GAAS)
    • Potential short answer: Discuss the managements and the auditors responsibility regarding the financial statements.

2.

  • Auditor independence requirements
    • Potential short answer: Identify whether independence is impaired in a given scenario and explain why?

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