The independent auditor issues a report at the end of the audit. Refer to the standard report
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The independent auditor issues a report at the end of the audit. Refer to the standard report in the chapter. 1 What is the difference between
(a) "generally accepted auditing standards" and
(b) "auditing procedures"? 2 Why is it important that the auditor state that the statements are "in conformity with generally accepted accounting principles"?
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Lets address each question Difference between generally accepted auditing standards and auditing proceduresa Generally Accepted Auditing Standards GAAS GAAS refer to a set of guidelines principles and ...View the full answer
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Related Book For 
Auditing Concepts And Methods A Guide To Current Auditing Theory And Practice
ISBN: 9780070099999
5th Edition
Authors: Mcgraw-Hill
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