Which of the following best describes what is
meant by generally accepted auditing
standards?
a. Pronouncements issued by the Auditing
and Assurance Standards Council.
b. Rules acknowledged by the accounting
profession because of their universal
compliance.
c. Procedures to be used to gather evidence
to support financial statements.
d. Measures of the quality of the
auditor's performance
meant by generally accepted auditing
standards?
a. Pronouncements issued by the Auditing
and Assurance Standards Council.
b. Rules acknowledged by the accounting
profession because of their universal
compliance.
c. Procedures to be used to gather evidence
to support financial statements.
d. Measures of the quality of the
auditor's performance