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jadinh jadinh
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2 years ago
Has audit quality improved since the passage of Sarbanes-Oxley Act (SOX)? Which of the following statements is true with regards to audit quality since the passage of SOX?

▸ The frequency of financial statement restatements has increased since SOX.

▸ PCAOB audit engagement findings continue to document a high level of audit deficiencies.

▸ Finally, the auditing professions agrees on the definition of audit quality.

▸ No progress has been made on the definition of what are called "Audit Quality Indicators" since SOX.
Textbook 
Auditing and Assurance Services

Auditing and Assurance Services


Edition: 17th
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durandaldurandal
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2 years ago
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