The following organizations impact the audit profession. 1. AICPA 2. ASB 3. COSO 4. FASB 5. IIA
Question:
The following organizations impact the audit profession.
1. AICPA
2. ASB
3. COSO
4. FASB
5. IIA
6. IAASB
7. NASBA
8. PCAOB
9. SEC
10. State Board of Accountancy
Required
Match the organization with the proper description. Each organization can be used once, more than once, or not at all.
a. Membership organization that acts as an advocate for the accounting profession.
b. Maintains the Accounting Standards Codification.
c. Issues International Standards on Auditing.
d. Has the power to enforce the Sarbanes-Oxley Act of 2002.
e. Issues Auditing Standards and oversees the auditors of issuers.
f. Provides guidance and standards for internal auditing.
g. A federal agency tasked with enforcing and interpreting securities laws.
h. Serves as the application center for individuals applying to take the CPA exam.
i. Prepares and grades the CPA exam.
j. Issues Statements on Auditing Standards for the audits of non-issuers.
Step by Step Answer:
Auditing A Practical Approach With Data Analytics
ISBN: 9781119785996
2nd Edition
Authors: Raymond N. Johnson, Laura Davis Wiley, Robyn Moroney, Fiona Campbell, Jane Hamilton