Auditing And Assurance Services
Auditing And Assurance Services
17th Edition
ISBN: 9780134897431
Author: ARENS, Alvin A.
Publisher: PEARSON
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Chapter 26, Problem 1RQ
To determine

Explain the nature of the categories of standards in the IIA International Standards for the professional practice of internal auditing.

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What are the functions of an external audit, according to the International Auditing and Assurance Standards Board?
How do IAASB audit standards compare to US audit standards?
Discuss why we have a dual system of auditing standards in the U.S. (AICPA Auditing Standards Committee-Statement on Auditing Standards and the PCAOB-Auditing Standards). Be certain to identify when each system used.
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