Describe elements of generally accepted auditing standard

Reference no: EM13796777

·Describe the elements of the Generally Accepted Auditing Standards (GAAS).

·Describe how these standards apply to financial, operational, and compliance audits.

·Explain the effect that the Sarbanes-Oxley Act of 2002, and the Public Company Accounting Oversight Board (PCAOB), will have on audits

of publicly traded companies.

·Discuss the additional requirements that are placed on auditors from this act and the actions of the PCAOB.

Reference no: EM13796777

Questions Cloud

Problems based on total fertility rate : How is Europe's TFR affecting its rate of natural increase?

The price elasticity of demand for gasoline : The price elasticity of demand for gasoline is 2. What effect will a 10% reduction in the quantity of gasoline placed on the market have on the price of gasoline?

Competitive market-what is relationship between corruption : In many countries bribery is actually an accepted, understood, and expected way of doing business. To this end, you own a company and you’re in, of course, a competitive market. What is the relationship between corruption in a country (i.e., bribe-ta..

International political relations : The examination will consist of a list of ten (10) concepts and students are required to choose three (3) concepts and submit a full description of each of the 3 concepts and relevant and detailed illustrations of these concepts in an internationa..

Describe elements of generally accepted auditing standard : Describe the elements of the Generally Accepted Auditing Standards

How do the results from the two experimental methods compare : You could start with boiling water and lower the temperature by adding ice cubes. Do NOT allow the probes from the multimeter to come in contact with water! Record data and prepare a graph as before. How do the results from the two experimental me..

Difference between evaporation and transpiration : What is the difference between a hot spring and a geyser?

Exchange rate overshooting and undershooting : Explain what is mean by exchange rate overshooting and undershooting. Explain the GG, MM, and PPP lines and equilibrium in the Dornbusch model.

Information density and richness of the internet : It seems that the information density and richness of the Internet and Web would tend to make markets more perfect. What are some continuing barriers to market perfection?

User Account

All Pages