3. Auditing Standards for Public Accountants are set in USA by : AICPA, PCAOB, and IAASB. Required: a. What do the above abbreviations stand for? 3. What are the two most important objectives expected to be accomplished by these standards from the investors' point of view b. c. Public Auditors must consider the assertions made by Management in the Financia Statements and the Notes to those Financial Statements. Required: i. What are assertions