Generally accepted auditing standards refer to those standards that have been adopted by the PCAOB.

Question

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Generally accepted auditing standards (GAAS) are established by the PCAOB and refer to the standards that auditors must adhere to when conducting audits of public companies. These standards are considered to be generally accepted within the accounting profession and serve as the basis for conducting high-quality audit examinations.

Generally Accepted Auditing Standards Refer to Those Standards That Have