You are required to summarise, IN YOUR OWN WORDS, the requirements and the key highlights of ANY ONE of the following pronouncements published by AUASB:
• Framework for Assurance Engagements
• ASQC 1: Auditing Standard ASQC 1 Quality Control for Firms that Perform Audits and Reviews of Financial Reports and Other Financial Information, Other Assurance Engagements and Related Services Engagements
• ASA 220: Quality Control for an Audit of a Financial Report and Other Historical Financial Information
• ASA 315: Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment