Though PSAs do not provide "hard and fast
rules," they provide subjective guidance
which allow the auditors to:
a. Only apply those standards that are
important to the audit.
b. Use adequate professional judgment
when applying the standards.
c. Tailor their audit to procedures requested
by management.
d. Accurately interpret the Code of Ethics
for CPAs
rules," they provide subjective guidance
which allow the auditors to:
a. Only apply those standards that are
important to the audit.
b. Use adequate professional judgment
when applying the standards.
c. Tailor their audit to procedures requested
by management.
d. Accurately interpret the Code of Ethics
for CPAs