Auditing: A Risk Based-Approach to Conducting a Quality Audit
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: South-Western College Pub
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Chapter 1, Problem 43RSCQ

a.

To determine

Introduction:AICPA regulates accounting profession within the country and issues codes of professional conduct that are to be followed by the AICPA members.

To identify:The advantages and disadvantages of having different accounting standards for the public and non-public company both.

b.

To determine

To identify:The ways in which auditing standards differs for both the public and private companies.

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