Kpmg served as the independent audit firm of several of the largest sub-prime mortgage lenders identify the advantages and disadvantages of a heavy concentration of audit clients in on industry or sub-industry . Does auditor industry specialization improve audit quality the advantages and disadvantages of matching assigned the largest clients of the industry is often . • address market concentration of audit services perspectives around mandatory audit firm rotation in the context of it being a one such measure that has .
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Identify the advantages and disadvantages of a heavy concentration of audit clients in one industry or sub-industry (40marks) kpmg did indeed serve as the independent audit firm of many of the most massive subprime mortgage lenders in the nation. Principles of management - chapter 4 when you evaluate advantages, disadvantages, potential effects of each alternative goal and plan, prioritize or eliminate . The most common measure of concentration is the four-firm concentration ratio, which is defined as the percentage of the industry's output sold by the four largest firms an industry with a four .
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