A challenge facing auditors is the wide array of professional guidance available to them in the audits of different types of entities.
Required:
For each of the following, identify whether it is most appropriately associated with statements on auditing standards (sas), auditing standards (as), both (b), or neither (n).
a. Issued by the American Institute of Certified Public Accountants.
b. Issued by the Public Company Accounting Oversight Board.
c. Provide guidance for services lesser in scope than an audit engagement.
d. Apply to the audit of non-issuers.
e. Require auditors to gather sufficient, appropriate evidence to support their opinion. f. Apply to the audit of issuers.
g. Address quality control standards developed within the accounting firm.
h. Become effective upon approval by the Securities and Exchange Commission.
