Problem: External Auditing
Textbook: Principles of Auditing and Other Assurance Services. 21st Edition. O.Ray Whittington and Kurt Pany. 2019 McGraw-Hill. This textbook is preferred, but optional.
• Distinguish between audit, attest, and assurance services.
• What is GAAS?
• Which agency is responsible to set these standards in the U.S.?
• Describe the different types of opinions an auditor gives in an audit report and under what situations?
• What is the nature of the additional paragraphs in the audit report?
The response should include a reference list. Using one-inch margins, Times New Roman 12 pnt font, double-space and APA style of writing and citations.