The American Institute of Certified Public Accountants (AICPA) and
the Institute of Internal Auditors (IIA) have positioned the auditing
professions to become ―assurance professions.‖ What is the difference
between assurance services, attestation services, and auditing services?
What are the economic issues that drive the increased demand for
assurance services? What is one assurance engagement and one
attestation engagement other than an audit of financial statements?
What are the differences between the two?
===================================================
ACC 491 Week 1 DQ 2
FOR MORE CLASSES VISIT
www.acc491tutor.com
The ten Generally Accepted Auditing Standards (GAAS) provide the
foundation for all other auditing standards and interpretations. What
is the definition of the standard of ―due professional care‖, and how
might a court decide whether an audit firm met the standard? Why is
independence often considered the cornerstone of the auditing
profession? Why were independence issues a primary concern of
Congress when they developed the Sarbanes-Oxley Act?
===================================================
ACC 491 Week 1 Individual Assignment Generally Accepted
Auditing Standards Paper
FOR MORE CLASSES VISIT
www.acc491tutor.com
Write a 700- to 1,050-word paper in which you explain the nature and
functions of auditing. Relate your explanation to the audit functions in
your organization, or an organization with which you are familiar. In
your paper, be sure to address the following: