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 10 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 Principles Underlying an Audit Conducted in Accordance with GAAS includes guidance on the purpose of an audit, the premise of an audit, and auditor personal responsibilities. The 10 Generally Accepted Auditing Standards provide guidance on the conduct of the audit, while the Code of Professional Conduct addresses ethical and professional behavior of auditors. Accounting Series Releases pertain to accounting practices and reporting requirements.

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