Which of the following is not one of the main sets of auditing standards around the world today?
A) AICPA Auditing Standards
B) International Standards on Auditing
C) PCAOB Auditing Standards
D) Securities and Exchange Commission Auditing Standards

Question

Quizplus · Accepted Answer

While the SEC issues guidance on auditing and reporting for companies listed on US stock exchanges, it does not set formal auditing standards. The main auditing standards around the world today are AICPA Auditing Standards (in the US), International Standards on Auditing (adopted by most countries), and PCAOB Auditing Standards (for audits of US public companies).

Which of the Following Is Not One of the Main