When conducting an audit,the auditor should look at Canadian Auditing Standards as
A)minimum standards of performance.
B)normal standards of performance.
C)ultimate standards of performance.
D)practical standards of performance.

Question

Quizplus · Accepted Answer

Canadian Auditing Standards are the minimum standards of performance that an auditor should follow while conducting an audit. These standards outline the basic principles and techniques that should be used in planning, performing, and reporting on an audit engagement. They help to ensure that the audit is conducted in a consistent manner and that the audit report provides sufficient information to enable the user to make informed decisions based on the audited financial statements.

When Conducting an Audit,the Auditor Should Look at Canadian Auditing