An auditor need not abide by a particular auditing standard if the auditor believes that:
A)the issue in question is immaterial in amount.
B)more expertise is needed to fulfill the requirement.
C)the requirement of the standard has not been addressed by the PCAOB.
D)any of the above three are correct.

Question

Quizplus · Accepted Answer

According to auditing standards, an auditor need only comply with requirements that are relevant and material to the financial statements being audited. Therefore, if the auditor believes that the issue in question is immaterial in amount, he need not comply with the particular auditing standard.

An Auditor Need Not Abide by a Particular Auditing Standard