The auditing standards are set by various regulators to provide assurance to the public that:
A) audits are conducted in a professional manner
B) misstatements are prevented
C) financial results are clearly communicated
D) all of these choices

Question

Quizplus · Accepted Answer

Auditing standards are designed to ensure that audits are conducted professionally, misstatements are identified and prevented, and financial results are clearly and accurately communicated to stakeholders. These standards cover a broad range of principles and practices to uphold the integrity and effectiveness of the audit process, thereby encompassing all the choices listed.

The Auditing Standards Are Set by Various Regulators to Provide