Which of the following organizations provides auditing standards for public companies?
A)GAO.
B)AICPA.
C)GAAP.
D)PCAOB.

Question

Quizplus · Accepted Answer

PCAOB (Public Company Accounting Oversight Board) is the organization that provides auditing standards for public companies in the United States. The GAO (Government Accountability Office) is a federal agency that provides auditing and evaluation services for the federal government. AICPA (American Institute of Certified Public Accountants) is a professional organization for accountants, but does not set auditing standards for public companies. GAAP (Generally Accepted Accounting Principles) is a set of accounting standards that guide financial reporting for all companies, but does not specifically address auditing standards for public companies.

Which of the Following Organizations Provides Auditing Standards for Public