- This topic has 0 replies, 1 voice, and was last updated 6 years, 6 months ago by .
-
Topic
-
I was wondering if anyone can explain to me the difference between GAAS , SA’s and A’S?
Just started studying for audit and i understand that SA’s are for Private Company (NonIssuers) and A’S are for Public Companies (Issuers). My question is , what is GAAS. I referred to my old audit textbook and its basically the combination of those two being referred as GAAS (Generally Accepted Auditing Standards). So is that a new auditing standards by the AICPA or PCAOB, or is that just a general term being used to refer to all the auditing standards that follow underneath that, which would be SA’S and A’S.
Just wanted some clarification, since i could not find anything in Becker about it, so far.
Thanks.
- You must be logged in to reply to this topic.