The Auditing Standards Board (ASB) of the AICPA is responsible for issuing pronouncements on auditing matters in the U.S. for the audits of every type of entity.

Question

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The ASB is responsible for issuing pronouncements on auditing matters in the U.S. for audits of all types of entities, including private companies, public companies, governmental entities, and nonprofit organizations.

The Auditing Standards Board (ASB) of the AICPA Is Responsible