The generally accepted auditing standard that requires 'adequate technical training and proficiency' is normally interpreted as requiring the auditor to have:
A) a graduate degree in a business field.
B) worked for an entity similar to the entity being audited.
C) independence in mental attitude.
D) formal education in auditing and accounting.

Question

Quizplus · Accepted Answer

The standard for 'adequate technical training and proficiency' in auditing is generally interpreted to mean that the auditor should have formal education in auditing and accounting. This ensures that the auditor has the necessary foundational knowledge and skills to perform an audit effectively.

The Generally Accepted Auditing Standard That Requires 'Adequate Technical Training