Acc 490 week 1 Individual Assignment: Generally Accepted Auditing Standards Paper - 7165

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    Individual Assignment: Generally Accepted Auditing Standards Paper

 

·         Prepare a 700- to 1,050-word paper in which you explain the nature and functions of auditing.

·         Relate your explanation to the audit functions in your organization, or an organization with which you are familiar.

·         Address the following in your paper:

 

o    Describe the elements of the Generally Accepted Auditing Standards (GAAS).

o    Describe how these standards apply to financial, operational, and compliance audits.

o    Explain the effect that the Sarbanes-Oxley Act of 2002, and the Public Company Accounting Oversight Board (PCAOB), will have on audits of publicly traded companies.

o    Discuss the additional requirements that are placed on auditors from this act and the actions of the PCAOB.

 

·         Format your paper consistent with APA standards.

o    Process your paper through plagiarism checker (TURNITIN) and post it.

o    Process your paper through WritePoint and make any changes you deem necessary.