Author Question: Which of the following is true with regards to the various auditing standards? (Read 48 times)

ksmithunr · **on:** Aug 21, 2022

Question 1

Which of the following is not one of the main sets of auditing standards around the world today?
◦ AICPA Auditing Standards
◦ International Standards on Auditing
◦ PCAOB Auditing Standards
◦ Securities and Exchange Commission Auditing Standards

Question 2

Which of the following is true with regards to the various auditing standards?
◦ Statements on Auditing Standards (SASs) are issued by the PCAOB.
◦ The ASB Clarity Project was intended to make the U.S. auditing standards easier to read, understand, and apply.
◦ The ASB redrafted existing AICPA auditing standards to align them with respective International Standards on Auditing (ISA's).
◦ Both The ASB Clarity Project was intended to make the U.S. auditing standards easier to read, understand, and apply and The ASB redrafted existing AICPA auditing standards to align them with respective International Standards on Auditing (ISA's) are correct.

KAyteeBee1129 · **Reply #1 on:** Aug 21, 2022

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