Which of the following is a driver of audit quality?
A) Audit firm culture.
B) Engagement team skills and attributes.
C) Factors outside control of auditors.
D) Investor requirements.
E) A, B, and C only.

Question

Quizplus · Accepted Answer

All three options, A)Audit firm culture, B)Engagement team skills and attributes, and C)Factors outside control of auditors, are drivers of audit quality. This means that a combination of these drivers is necessary to ensure high-quality audits. In addition, while investor requirements do not directly influence audit quality, they indirectly impact audit quality by placing pressure on audit firms to perform high-quality audits to meet investor demands. Therefore, the correct answer is E: A, B, and C only.

Which of the Following Is a Driver of Audit Quality