The Auditing Standards Board's guidance on matters such as the purpose of an audit,the premise of an audit,and auditor personal responsibilities is included in:
A)The professional responsibilities section of the generally accepted auditing standards.
B)The Code of Professional Conduct.
C)Accounting Series Releases.
D)Principles Underlying an Audit Conducted in Accordance with GAAS.

Question

Quizplus · Accepted Answer

The guidance on matters such as the purpose of an audit, the premise of an audit, and auditor personal responsibilities is included in the Principles Underlying an Audit Conducted in Accordance with GAAS. This document outlines the general principles that auditors should follow when conducting an audit in accordance with Generally Accepted Auditing Standards (GAAS). It provides guidance on the fundamental concepts that underlie the audit process, including the need for auditors to exercise professional skepticism, maintain independence and objectivity, and apply professional judgment.

The Auditing Standards Board's Guidance on Matters Such as the Purpose