Economics.

Describe the differences between the traditional approach of auditing and the approach of the continuous auditing process.
December 26, 2020
What are the differences between the US and the European approaches to governance of quality control in auditing?
December 26, 2020

1. In the aftermath of a series of high-profile business scandals, efforts were made to enhance corporate governance and risk management with the establishment of new regulations. The Sarbanes-Oxley Act and the establishment of PCAOB address the essential issues on IT control framework, internal control reporting and auditor’s role in this respect. Discuss this topic along with how the proposed measures could be effective in bringing confidence to capital market economies.

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