Question: What entity sets standards for audits of U S public companies
What entity sets standards for audits of U.S. public companies? Nonpublic companies?
Answer to relevant QuestionsWhat is the set of standards for internal control most frequently used in the U.S.?What are substantive audit procedures?What procedure does the auditor use to assess the risk of fraud early in the audit?Who elects the Board of Directors?What is the relationship between the AICPA Code of Conduct and the codes of the various states?
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