Under which set of auditing standards is the auditor required to test compliance with laws and regulations that could have a direct and material effect on the financial statements of the entity?

Question

Quizplus · Accepted Answer

The GAO standards, also known as the Generally Accepted Government Auditing Standards (GAGAS), require auditors to test compliance with laws and regulations that could have a direct and material effect on the financial statements.

Under Which Set of Auditing Standards Is the Auditor Required