Discuss audit issues that arose during worldcom collapse

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Reference no: EM132715490

Question: The WorldCom collapse in the USA raised several issues with regard to Auditor Independence.

a) discuss three audit issues (such as independence, due diligence and valuation) that arose during the WorldCom collapse

b) critically discuss the relevance (if any) of the developments following WorldCom (for example the Sarbanes-Oxley Act) to Australian Auditors.

Reference no: EM132715490

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