1. It is believed that to achieve quality audit, quality auditing standards must be complied with and the auditors compliance with these quality standards will largely depend on the auditors resources at his disposal and how effectively he is monitored by his professions regulator.

Required:

With empirical evidence,

1. Examine the factors influencing the level and extent of compliance with audit quality standards (ISA 220 and ISQC 1) by auditing firms in Ghana.
2. Evaluate the impact of the regulators monitoring on compliance with audit quality Standards in any developing economy of your choice;
3. Assess the effect of the auditors audit resources on audit quality;

Please note the following:

1. Submit at least three (3) key papers each that you used for the assignment in the attachment to your work
2. The plagiarism test should not exceed 10%.
3. Marks will be awarded for:

• Introduction
• Content
• Conclusion
• Evidence of Further Reading
• Originality and Independence (Cheating would be penalized and integrity rewarded)
• Correct grammar, clarity of expression, and logical presentation of facts.
• Answers to questions must be well referenced.