Question 2: (10 marks) The PCAOB board dictates the professional auditing standards that registered auditing firms must use. These standards are utilized to monitor accounting firms. Prior to the PCAOB, standards were set by the AICPA. Explain briefly PCAOB ten Auditing standards, which grouped into three categories?

Question 2: (10 marks) The PCAOB board dictates the professional auditing standards that registered auditing firms must use. These standards are utilized to monitor accounting firms. Prior to the PCAOB, standards were set by the AICPA. Explain briefly PCAOB ten Auditing standards, which grouped into three categories