Auditors are expected to exercise a high degree of vigilance when conducting the audit of biological assets, an area where subjectivity, judgements and estimates abound.
October 8, 2025
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Browsing Tag
MIA Practice Review Department
12 posts
Root Cause Analysis (RCA) – An Essential Process to Improve Audit Quality?
Audit practitioners must identify the root causes impairing audit quality to ensure the success of their Remedial Action Plan (RAP) under the new Practice Review Framework.
October 24, 2018
6.7K views
Formulating an Effective Remedial Action Plan
MIA’s Remedial Action Plan applicable for audit firms with Type 3 rating aims to tackle continuing weaknesses in audit firms’ performance, in order to heighten audit quality and improve public trust.
