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4 Cards in this Set
- Front
- Back
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role of pcaob |
auditing and quality control for public clients inspects registered accounting firms more than 100 clients, inspected annually 100 or less- every 3 years overseen by sec |
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who sets auditing standards |
pcaob for public asb of aicpa for private pcaob adopted existing 10, plus 18 more |
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principles underlying an audit |
purpose-provide an opinion responsibilities- competence, ethical, professional skepticism and judgement performance- reasonable assurance, plan work and supervise, immateriality, misstatements, evidence, reporting- express an opinion, determine, wether fs present fairly |
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sas |
interpret the principles are gaap and therefore authoritative established by asb, of aicpa measure quality of performance 10 aicpa standards |
