When auditing a public company, the International Standards on Auditing override a country's regulations governing the audit of financial or other information.

Question

Quizplus · Accepted Answer

The International Standards on Auditing (ISAs) provide guidelines for auditors, but local or national regulations governing the audit of financial or other information take precedence in a specific country. Auditors must comply with the regulatory framework applicable in the country where the audit is being conducted.

When Auditing a Public Company, the International Standards on Auditing