Question: Discuss why governmental entities are held to different auditing standards than commercial entities. Compare the major differences in the standards and discuss whether you believe

Discuss why governmental entities are held to different auditing standards than commercial entities. Compare the major differences in the standards and discuss whether you believe they are appropriate. Support your position with scholarly resources.

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Why Different Auditing Standards for Governments Governmental entities undergo audits following a distinct set of standards compared to commercial entities This difference arises from the unique natur... View full answer

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