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Generally Accepted Auditing Standards Paper

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Issue:

Business

 

Written by:

Hector D

 

Date added:

December 26, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 872

 

Was viewed:

6326 times

 

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Essay content:

Describe how these standards apply to financial, operational, and compliance audits. c. Explain the effect that the Sarbanes-Oxley Act of 2002, and the Public Company Accounting Oversight Board (PCAOB), will have on audits of publicly traded companies. d. Discuss the additional requirements that are placed on auditors from this Act, and the actions of the PCAOB...
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The auditing process consists of gathering, evaluating, and reporting. The auditor gathers information about the entities processes, economic transactions and procedures in an unbiased manner. The information is then evaluated to ensure that it follows GAAP or any other standards that apply. The auditor then compiles a report of their findings to be submitted to the appropriate parties...
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