CAS 200 provides overall objectives of the independent auditor during the conduct of an audit in three categories: qualifications and conduct, performance of the audit, and reporting of results. How do these standards provide guidance to auditors?

Question

Quizplus · Accepted Answer

CAS 200 provides an overall framework for the audit process, outlining the objectives of the auditor in three categories. It does not provide specific rules or instructions for each audit, but rather serves as a guide for the development of more detailed standards and discussions. Therefore, option B is the best choice. Options A, C, and D are incorrect because CAS 200 does not provide specific rules for each individual audit, but rather sets out overarching goals for auditors.

CAS 200 Provides Overall Objectives of the Independent Auditor During