Professional Guidance. A challenge facing auditors is the wide array of professional guidance available to them in the audits of different types of entities.Required:Describe Statements on Auditing Standards and Auditing Standards. In your description,identify which professional body(ies) is(are) responsible for issuing the standards and thetypes of audits in which the standards are applicable

Auditing: A Risk Based-Approach to Conducting a Quality Audit
10th Edition
ISBN:9781305080577
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter4: Professional Liability, Auditor Judgment Frameworks, And Professional Responsibilities
Section: Chapter Questions
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Professional Guidance. A challenge facing auditors is the wide array of professional guidance available to them in the audits of different types of entities.
Required:
Describe Statements on Auditing Standards and Auditing Standards. In your description,
identify which professional body(ies) is(are) responsible for issuing the standards and the
types of audits in which the standards are applicable

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