Which of the following is true about PCAOB audit standards?
A) The required standards apply to all companies
B) The required standards apply to all public companies only
C) The required standards apply to all privately held companies only
D) The required standards apply to all not-for-profit entities

Question

Quizplus · Accepted Answer

PCAOB audit standards apply to all public companies only. Private companies and not-for-profit entities are not subject to these standards.

Which of the Following Is True About PCAOB Audit Standards