In reviewing the Generally Accepted Auditing Standards (GAAS), there are three main conduct expectations identified- independence, due care, and technical training and proficiency. Explain which of these 3 standards you believe is most important and why. Be sure to explain-in your own words-what the standard means. Provide an example of such professional experiences or requirements.

In reviewing the Generally Accepted Auditing Standards (GAAS), there are three main conduct expectations identified- independence, due care, and technical training and proficiency. Explain which of these 3 standards you believe is most important and why. Be sure to explain-in your own words-what the standard means. Provide an example of such professional experiences or requirements.

Auditing: A Risk Based-Approach to Conducting a Quality Audit

10th Edition

ISBN:9781305080577

Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg

Chapter4: Professional Liability, Auditor Judgment Frameworks, And Professional Responsibilities

Section: Chapter Questions

Problem 47RSCQ

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