External Audit from Quality Perspective
Özet
This Chapter gives the definition of external audit, types of it, and displays the importance of external audit under quality control perspective title. Then follows developments in auditing, importance of high-quality audits, the interactions between financial reporting and the audit quality, the relationships between external audit and fraud, and frauds in the twentieth century. This way the increasing demand for high-quality external audits are presented under the title emphasizing the necessity of external auditing. The extent the external auditors are involved and responsibilities of them in those frauds are discussed. The Chapter also discusses the Sarbanes-Oxley Act, which is perceived as a reaction to frequent frauds in the last quarter of twentieth century.
