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Auditing and Assurence Services Chapter 2 Solutions

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Auditing and Assurence Services Chapter 2 Solutions

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CHAPTER 2

Professional Standards

LEARNING OBJECTIVES

| | | | | | |Exercises, Problems, and | | |Review Checkpoints |Simulations | | |1 |45 | |1. Name the various practice standards for internal, governmental, | | | |and independent auditors and auditing firms, and identify their | | | |sources. | | | | |2, 3, 4, 5, 6, 7 |39, 40, 41, 43, 44, 48, 51 | |2. Explain the 10 AICPA generally accepted auditing standards | | | |(GAAS), and explain how GAAS was or was not followed in specific | | | |fact situations. | | | | |8, 9, 10 |50 | |3. Explain audit evidence in terms of its appropriateness and | | | |relative strength of persuasiveness. | | | | |11, 12, 13, 14, 15 |42, 46 | |4. Describe the standard...