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1.Briefly describe the principles underlying an audit conducted in accordance with GAAS that are issued by the ASB. 2.Debate the audit expectation gap. Why do

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

2.Debate the audit expectation gap. Why do you think professional auditing standard do not give users what they want? Why do you think auditors sometimes do not meet professional standards?

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