The Public Expects Auditors to

question 17

Multiple Choice

The public expects auditors to

• A)understand and enforce principles that best portray the spirit of FASB concepts.
• B)be neutral to preparers and users of financial information.
• C)recognize that the public are the primary users of audit services.
• D)take more responsibility for the discovery of fraud.
• E)all of the above are expectations of the public.

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Definitions:

Legislatively Mandated

Required or enforced by laws or legislative acts.

Implement

To put a decision, plan, agreement, etc., into effect; to start using a plan or system.

Programs

Structured sets of activities or procedures designed to achieve specific goals or outcomes.

Culturally Responsive

An approach in education that recognizes the importance of including students' cultural references in all aspects of learning.