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1. Discuss three theories that justify the financial audit role (audit related theories) 2. Identify and critically discuss the external auditing regulations that governs UK

1. Discuss three theories that justify the financial audit role (audit related theories)

2. Identify and critically discuss the external auditing regulations that governs UK auditors.

3. Critically evaluate concerns about the value of external audit from various groups.

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Ans 1 Audit Theories Theories of Demand for Audit An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the company The fragmentation of business owners... blur-text-image

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