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Describe the audit regulation mechanisms

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Question: In Anglo-Saxon countries, mechanisms are put in place to regulate auditors within the framework of professional self-regulation, whereas in many Continental European countries, quasi-governmental agencies play a major role in this area.

Required: a. Briefly describe the main differences between the audit regulation mechanisms in the United States and Germany.

b. Compare the audit regulation mechanisms in the United States and the United Kingdom.

Reference no: EM131707298

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