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

Question

Quizplus · Accepted Answer

The standard for 'adequate technical training and proficiency' in auditing is typically 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