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Describe requirements that help to achieve audit quality

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Reference no: EM13887513

Describe the following requirements that help to achieve audit quality and thereby help to minimize the exposure of external auditors to lawsuits:

a. Maintaining auditor independence

b. Participating in review programs

c. Issuing engagement letters

d. Making appropriate client acceptance/continuance decisions

e. Evaluating the audit firm's limitations

f. Maintaining high quality audit documentation.

Reference no: EM13887513

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