International Standards on Auditing (ISAs) override a country's regulations governing the audit of financial or other information.

Question

Quizplus · Accepted Answer

International Standards on Auditing (ISAs) are designed to enhance the quality of audits worldwide, but they do not override a country's regulations governing the audit of financial or other information. National laws and regulations take precedence over ISAs within that country. However, if there is a conflict between national regulations and ISAs, auditors must comply with the more stringent requirement.

International Standards on Auditing (ISAs) Override a Country's Regulations Governing