5 (a) ‘In the case of an assurance engagement it is in the public interest and, therefore,
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5 (a) ‘In the case of an assurance engagement it is in the public interest and, therefore, required by this Code of Ethics,
that members of assurance teams … be independent of assurance clients’.
IFAC Code of Ethics for Professional Accountants
Required:
Define the term ‘assurance team’. (3 marks)
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