GAAS refers to:
A) ten auditing standards grouped into three sections.
B) those auditing standards that apply only to audits of public companies.
C) accounting principles generally accepted.
D) None of the above.

Question

Quizplus · Accepted Answer

GAAS (Generally Accepted Auditing Standards) refers to ten auditing standards grouped into three sections: general standards, standards of fieldwork, and standards of reporting. These standards guide auditors in the conduct of audits.

GAAS Refers To