Which auditing standards apply to private companies?
A)The AICPA Standards.
B)The IASSB Standards.
C)The Standards of the PCAOB.
D)All of the above.

Question

Quizplus · Accepted Answer

The AICPA Standards, specifically the Statements on Auditing Standards (SAS) and the Generally Accepted Accounting Principles (GAAP), apply to private companies. The IASSB Standards and the Standards of the PCAOB apply to public companies.

Which Auditing Standards Apply to Private Companies