The Standards of the PCAOB can be broken up into three categories,i.e.,general,fieldwork,and reporting.Which of the following is considered in the fieldwork standards?
A)Independence.
B)GAAP.
C)Internal control.
D)Disclosure.

Question

Quizplus · Accepted Answer

The fieldwork standards include requirements related to internal control, including assessing the effectiveness of internal control over financial reporting. Independence (A) is covered by the general standards, GAAP (B) is covered by reporting standards, and disclosure (D) is covered by both fieldwork and reporting standards.

The Standards of the PCAOB Can Be Broken Up into Three