The removal and resignation of auditors must be:

Select one:

by resolution of the company.

with special notice to the ASIC for its consent.

The addition of an emphasis of matter paragraph in an audit report:

Select one:

is required by the standards to be included in all audit reports.

does affect the auditors opinion.

is only included for going concern uncertainties.

does not affect the auditors opinion.

both A and B.

none of the above

Which of these actions is most likely to remove the audit expectation gap?

Select one:

Improving auditors performance.

Improving auditing standards.

Educating audit users about what are reasonable expectations.

It will require a comprehensive approach combining all three of the above.

An effective audit committee:

Select one:

improves the credibility and objectivity of the accountability process.

assists the directors in discharging their responsibilities with due care, diligence and skill.

fosters an ethical culture throughout the organisation.

all of the above

The conceptual approach to independence requires that there is:

Select one:

independence in fact and appearance.

independence in mind and appearance.

independence in actions and appearance.

independence in mind and actions.