Problem
Prepare a 1-2 page paper describing the Generally Accepted Auditing Standards (GAAS) in your own words. In addition, be sure to include answers to the following: In your opinion, are the GAAS straightforward and clear-cut or are they somewhat ambiguous? Do the GAAS apply to all types of audits? If you were an auditor, how would you prove that you conducted your audit in accordance with GAAS?