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1. Why professional auditing standard do not give users what they want? Why auditors sometimes do not meet professional standards? 2. What is the similarities

1. Why professional auditing standard do not give users what they want? Why auditors sometimes do not meet professional standards?

2. What is the similarities and differences in the auditors reports for a public company client and a private company client?

3. Briefly describe the principles underlying an audit conducted in accordance with GAAS that are issued by the ASB.

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