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There are two sets of auditing standards in the United States: those issued by the AICPA and those issued by the PCAOB. The AICPA issues Statements on Auditing Standards (SASs) which were initially the only set of auditing standards in the U.S. A wave of audit failures in 2002, however, led to the creation of the PCAOB, which initially adopted the AICPA audit standards as interim standards but now issues its own auditing standards that pertain strictly to audits of public companies. The auditing standards issued by the AICPA continue to apply to audits of private companies.
Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD. The goal of Michael's life is to increase access to education so all people can achieve their dreams. To learn more about Michael's story, visit www.MichaelMcLa...
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To follow Michael on Facebook, visit / prof.michael.mclaughlin-
Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world.
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