Why must auditors follow australian auditing standards

Reference no: EM132974182

Question 1: What requirements must be met in order to become a registered auditor?

Question 2: What are the main Corporations Act requirements with regard to the appointment, removal and registration of auditors?

Question 3: Why is independence crucial for an external auditor?

Question 4: Why must auditors follow Australian auditing standards?

Question 5: What are some of the benefits of an effective audit committee?

Question 6: How does the relationship that independent auditors have with shareholders compare with their relationship with management?

Question 7: What are the benefits of a financial report audit?

Question 8: What are the main limitations of a financial report audit?

Question 9: What are the duties of an independent auditor engaged to perform a financial report audit?

Question 10: What are the different phases in the audit process?

Reference no: EM132974182

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