Who Is Responsible For Establishing Auditing Standards For Audits Of US Public Companies Who Is Responsible For Establishing Auditing Standards For US Private Companies Explain?

Who Is Responsible For Establishing Auditing Standards For Audits Of US Public Companies Who Is Responsible For Establishing Auditing Standards For US Private Companies Explain? Explain. 2-5 The PCAOB has responsibility for establishing auditing standards for U.S. public companies, while the Auditing Standards Board (ASB) of the AICPA establishes auditing standards for U.S. private companies.

How Many Auditing Standards Are There?

How Many Auditing Standards Are There? In the United States, the standards are promulgated by the Auditing Standards Board, a division of the American Institute of Certified Public Accountants (AICPA). AU Section 150 states that there are ten standards: three general standards, three fieldwork standards, and four reporting standards. How many auditing standards are there