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Author Question: The AICPA principles and the auditing standards should be viewed by practitioners as (Read 49 times)

jmoore1989

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on: Aug 21, 2022

Question 1

The "Principles Underlying an Audit in Accordance with Generally Accepted Auditing Principles" provide a framework to help auditors
◦ understand the ten GAAS standards.
◦ obtain complete assurance that the financial statements are free from any error.
◦ report on the financial statements.
◦ prevent fraud.

Question 2

The AICPA principles and the auditing standards should be viewed by practitioners as
◦ ideals to work towards, but which are not achievable.
◦ maximum standards that denote excellent work.
◦ minimum standards of performance that must be achieved on each audit engagement.
◦ benchmarks to be used on all audits, reviews, and compilations.
Auditing and Assurance Services ¦ Arens, Elder, Beasley, Hogan ¦ 17th Edition
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Marked as best answer by jmoore1989 on Aug 21, 2022

hiyayyay

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Reply #1 on: Aug 21, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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jmoore1989

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Reply 2 on: Aug 21, 2022
Great answer, keep it coming :)

carojassy25

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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