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Blob

Smart Reasoning:

C&E

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Qaagi - Book of Why

Causes

Effects

greater auditor independenceshould leadto improved audit quality and hence improved financial reporting quality

An audit firm ’s knowledge of a client ’s business operations , acquired over time , is expectedto leadto quality audits and improved financial reporting

these efforts lead to the use of improved standards throughout the worldresultingin higher audit quality and more reliable financial reporting

For example , audit committees with multiple directorships demand a more extensive audit to protect their reputation capital ( Boo and Sharma , 2008 ) , hencecontributingto better reporting quality and audit quality

Dialogue between auditors and management about new accounting standardscan leadto better financial reporting and higher audit quality

reform programsdesignedto raise the quality of financial reporting and auditing worldwide

The results of the project are likely to have implications for the audit profession , regulators and standards setters and their concerns with improving the effectiveness and integrity of the audit process in their attempts to guide improvements in audit processesleadingto increased audit quality and financial reporting integrity

greater amounts of NAS ... knowledge spilloverleadsto higher financial reporting and audit quality

the underlying economics of the business(passive) are ... influenced byboth financial reporting quality and audit quality

Differences in these standards and their applicationscontributeto uneven financial reporting quality and audit quality

SOX act(passive) was designedSOX act

to improving business climate , investors ’ confidence and economic growth potential of Rwandacontributesto improving business climate , investors ’ confidence and economic growth potential of Rwanda

to sound recommendations Capability to act as a mentor and role model to staff in accordance with Covenant Care policies and principlesleadingto sound recommendations Capability to act as a mentor and role model to staff in accordance with Covenant Care policies and principles

the increasing events of economic fraudspreventingthe increasing events of economic frauds

to improving country ’s business climate , investors ’ confidence and economic growth potential of Bangladeshcontributesto improving country ’s business climate , investors ’ confidence and economic growth potential of Bangladesh

to an audit opinion on the financial statements of Regulation and Quality Improvement Authority and part of the Remuneration Reportleadingto an audit opinion on the financial statements of Regulation and Quality Improvement Authority and part of the Remuneration Report

in a lower cost of capitalcould resultin a lower cost of capital

Early close procedures(passive) are designedEarly close procedures

Blob

Smart Reasoning:

C&E

See more*