Question
Auditors must be independent because audited financial statements must serve the need of a wide variety of users. If the auditor were to favor one
Auditors must be independent because audited financial statements must serve the need of a wide variety of users. If the auditor were to favor one group of users there might be a bias against another group of users.
Required
- What are the characteristics of quality audit decisions?
- How does an audit enhance the quality of financial statements?
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Financial Accounting
Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper
1st Canadian Edition
9780132147538, 132889714, 013214753X , 978-0132889711
