Auditing Standard AU-C 200: Objectives and Conduct of an Audit

Bridge the GAAP Accounting Podcast

Today the topic of our podcast is Auditing Standard AU-C 200 which answers questions such as:  Just what exactly is an audit?  What is meant by independence?  What is meant by “GAAS”?

As background to our conversation, we’ll also discuss what is meant by the phrase “clarified auditing standards.”

View the text of clarified auditing standard AU-C 200.