QUESTION #1 Discuss the major factors in todays economy that have made the need for independent audits
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Question:
QUESTION #1
Discuss the major factors in todays economy that have made the need for independent audits much greater than it was 50 years ago.
QUESTION #2
List and thoroughly describe the four major types of audit services CPA's perform. Select the one you believe is most important and explain why.
QUESTION #3
What roles does the SEC perform? What is their relationship to auditing?
QUESTION #4
Thoroughly describe and distinguish between generally accepted auditing standards and generally accepted accounting principals.
QUESTION #5
What is the relationship between international Standards on auditing and U.S Generally accepted Auditing Standards? How might it evolve in the future?
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