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Explain why means “ auditors do not update themselves”

Author:
January 7th, 2018

1.
AUDIT ROTATION

·
Definition
·
Australia context
·
Why is it introduced?
Advantages.
·
Why the same auditor would be a
problem?

2.
WHY GOOD ACOUNTANTS DO BAD
AUDITS? In your answer make sure to include:
·
Bias
·
Ambiguity
·
Attachment (issues)
·
Approval
·
Familiarity (same
transaction/same person)
·
Discounting
·
Escalation
·
Theory on test
·
Reform misses the problem
·
Radical remedies.

3.
Explain why means “ auditors do
not update themselves”

4.
Discuss the “centro” case and
the effect/impact it has had in terms of auditing, auditors, management and
directors.

All the questions above have to be answered
in your own words. If you get resources from internet make sure to reference
them.

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