The driver of audit quality under the Financial Reporting Council's Audit Quality Framework that relates to audit methodology and tools applied to the audit is which of the following?
A)audit firm culture.
B)reliability and usefulness of audit reporting.
C)effectiveness of the audit process.
D)factors outside the control of auditors.

Question

Quizplus · Accepted Answer

The driver of audit quality under the Financial Reporting Council's Audit Quality Framework that relates to audit methodology and tools applied to the audit is the effectiveness of the audit process. This includes the methods and tools used by the auditor to gather and evaluate evidence, and the overall quality of their work. Factors such as audit firm culture and factors outside the control of auditors can also impact audit quality, but they are not directly related to the audit methodology and tools used by the auditor. The reliability and usefulness of audit reporting is also important, but it is related more to communication and presentation of the audit findings, rather than the methodology and tools used in the audit process.

The Driver of Audit Quality Under the Financial Reporting Council's