Which of the following has not led to an increase in the demand for audited financial statements?

Question

Quizplus · Accepted Answer

An increase in global tax rates is unlikely to lead to an increase in demand for audited financial statements, as tax rates and financial reporting are not directly related. However, growth in the corporate form of business, an increase in global capital needs, and an increase in investor bases are all factors that could lead to an increase in demand for audited financial statements.

Which of the Following Has Not Led to an Increase