In auditing, there is a real need for unbiased reporting and independent assurance. Give 2 examples of how an auditor could demonstrate compliance.
Research 2 organizations from the following list that play a large part in the auditing profession:
- PCAOB
- AICPA
- IAASB
- FASB
- SEC
- GAO
- IASB
- IESBA
In your posting, include each of the following for both organizations:
- Describe how the organization impacts the nature of services provided by auditors in regard to the creation of standards and regulations.
- How does the organization help resolve some common ethical issues in the auditing profession?
- Compare and contrast the organizations that you chose against those chosen in the posts you read from other students.