One consequence of CPA Australia's Quality Assurance Program is likely to be:
A) a reduction in management consulting services provided by public accounting firms.
B) a provision of information to practitioners that can enhance service quality.
C) an increase in disciplinary actions taken.
D) a reluctance by public accounting firms to take on higher risk audit clients.

Question

Quizplus · Accepted Answer

The Quality Assurance Program will likely provide information and resources to practitioners to improve their service quality. It may also result in some disciplinary actions, but it is not expected to lead to a reduction in management consulting services or a reluctance to take on higher risk clients.

One Consequence of CPA Australia's Quality Assurance Program Is Likely