An audit made in accordance with Philippine
Standards on Auditing generally should
a. Be expected to provide assurance that
noncompliance with laws and regulations
will be detected if the internal control is
effective.
b. Be relied upon to disclose indirect-effect
noncompliance with laws and
regulations.
c. Encompass a plan to search actively for
noncompliance with laws and regulations
which relate to operating aspects.
d. Not be relied upon to provide
assurance that all noncompliance
with laws and regulations will be
detected
Standards on Auditing generally should
a. Be expected to provide assurance that
noncompliance with laws and regulations
will be detected if the internal control is
effective.
b. Be relied upon to disclose indirect-effect
noncompliance with laws and
regulations.
c. Encompass a plan to search actively for
noncompliance with laws and regulations
which relate to operating aspects.
d. Not be relied upon to provide
assurance that all noncompliance
with laws and regulations will be
detected