(Generally accepted auditing standards) There are ten GAAS: Listed below are statements Must relate to these standards. 1. The auditor is careful.in doing the audit and writing the audit report. 2. A more experienced auditor supervises the work of an inexperienced auditor. 3. The auditor investigates and reaches conclusions about the client's internal controis. 4. A predesigned schedule is followed during the audit 5. The auditor is an accounting graduate with several years of experience in auditing. 6. In de auditor's judgment, the financial statements conform to all FAS statements. 7. The auditor is objective and unbiased in performing the audit. 8. The client used the same accounting principles this year as last year. 9. The audit produced all the evidence needed to reach a conclusion about the client's financial statements 10. The client's makes to the financial statements contain all essential data. 11. The auditor expresses an opinion on the financial statements.

REQUIRED a. Identify by category and number within each category the GAAS to which each statement relates (i.e., general standard na 1, fieldwork standard no. 2, etc.). b. For each answer in (a) above, provide the full statement of the standard. Use the following format for your answers

Identification of Standard |Statement of Standard