Whenever a CPA professional is engaged to
perform an audit of financial statements
according to Philippine Standards on
Auditing, he required to comply with those
standards in order to
a. Eliminate audit risk.
b. Eliminate the professional judgment in
resolving audit issues.
c. Have a measure of the quality of
audit performance.
d. To reduce the audit program to be
prepared by the auditor.
perform an audit of financial statements
according to Philippine Standards on
Auditing, he required to comply with those
standards in order to
a. Eliminate audit risk.
b. Eliminate the professional judgment in
resolving audit issues.
c. Have a measure of the quality of
audit performance.
d. To reduce the audit program to be
prepared by the auditor.