Generally Accepted Auditing Standards
The financial statements are the representation of management. How can investors and other third parties trust this information? Discuss the CPA’s role as an external auditor.
Do research on the Internet and show the reference for the information. Don’t forget to respond to a colleague’s posting also.
Professor’s Note: In addition to searching the Internet for text related to this threaded discussion, please watch the following videos (click on the following link to access these videos) and post your comments.
Business Accounting: How to perform an External Audit-Accounting Supplemental-Program Steam
Basic Accounting: What Are Generally Accepted Auditing Standards?
Grading Criteria: Try to add information not previously discussed by others. Please, provide factual information (not merely opinions) backed up by details or examples. Your comments should be in your own words and include references.
