In the case of an audit of financial
statements, which of the following would
not be a valid criterion in ascertaining the
degree of correspondence between
assertions and established criteria?
a. International Accounting Standards
b. Philippine Accounting Standards
c. Philippine Standards on Auditing
d. Philippine Financial Reporting Standards
statements, which of the following would
not be a valid criterion in ascertaining the
degree of correspondence between
assertions and established criteria?
a. International Accounting Standards
b. Philippine Accounting Standards
c. Philippine Standards on Auditing
d. Philippine Financial Reporting Standards