The United States has three auditing standard-setting bodies:
The American Institute of Certified Public Accountants, or AICPA, which issues auditing standards for auditors who are performing audits for private companies;
The Public Company Accounting Oversight Board, or PCAOB, which issues standards for auditing public firms; and
The U.S. Government Accountability Office, or GAO, which issues standards for auditing state and local governments.
For your final project, you are required to write a research paper of 2,500 to 3,000 words in length (with a typical font and spacing, this will come out to 10 to 12 pages). Your paper should present a comparison study of the AICPA, PCAOB, and GAO auditing standards in certain key areas (audit documentation and audit evidence).
Conduct research by visiting the Web sites of these three organizations and reading the auditing standards for Audit Documentation and Audit Evidence. Then write a comprehensive analysis and comparison of the requirements for audit documentation and audit evidence according to these three auditing standards-setting bodies. This will involve a discussion and critical analysis of the various standards and their requirements, as well as a discussion of the positive and/or negative effects of the standards.
To access additional resources, log into the myEdison portal and find the My Resources section in the center of the page. Under the Educational tab you can find links to EBSCO and ProQuest. Document all sources in APA style.
*** Paper must go through a “Turnitin Requirement”. No plagiarism