The first PCAOB general standard recognizes that regardless of how capable an individual may be in other fields,the individual cannot meet the requirements of the auditing standards without the proper
A) Business and finance courses.
B) Quality control and peer review.
C) Education and experience in auditing.
D) Supervision and review skills.

Question

Quizplus · Accepted Answer

The first PCAOB general standard recognizes that regardless of how capable an individual may be in other fields, the individual cannot meet the requirements of the auditing standards without the proper education and experience in auditing. Therefore, option C is the correct choice as it reflects the requirement stated in the standard.

Option A is incorrect as business and finance courses may not necessarily provide the required knowledge and skills for auditing. Option B is incorrect as quality control and peer review are part of the auditing process but not the requirement for an individual auditor. Option D is incorrect as supervision and review skills require auditing knowledge and experience, which is the requirement stated in the standard.

The First PCAOB General Standard Recognizes That Regardless of How