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There are 10 generally accepted auditing standards divided in three categories.List by category each of these...

There are 10 generally accepted auditing standards divided in three categories.List by category each of these 10 standards

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Expert Solution

The question is specific in nature and therefore, no explanation is possible. Also, since it requires standards specific information, the language cannot be changed.

_____

The 10 standards listed by category are provided as below:

Category Standards
General Adequate technical training and proficiency to perform the audit.
Independence in mental attitude in matters relating to the audit.
Due professional care in performing the audit and presenting the audit report.
Standards of Fieldwork Adequate planning of audit work and proper supervision of assistants/audit staff.
Understanding the entity and its environment including internal control.
Obtaining sufficient appropriate audit evidence.
Standards of Reporting Whether statements were prepared and presented in accordance with GAAP.
Circumstances in which GAAP was not consistently followed.
Adequacy of informative disclosures.
Expression of opinion on the financial statements as a whole.

ekkarill92 answered 1 year ago
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