Addition would add value or distract investors

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Explain your reaction to the idea that an auditor’s discussion and analysis, similar to management’s discussion and analysis, might accompany the standard audit report.

Do you think such an addition would add value or distract investors? Why?

How do you think this change might affect the audit practice generally, the classroom and on-the-job training auditors receive, the role of the partner in an audit engagement, an auditor’s liability, and the usefulness of the audit report?

Reference no: EM13794583

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