AICPA每日一练之AUD【2016-1-9】

高顿网校2016-01-08 09:56Lynn.yu
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A basic objective of a CPA firm is to provide professional services to conform with professional standards. Reasonable assurance of achieving this basic objective is provided through

A. A system of quality control.

B. Continuing professional education.

C. A system of peer review.

D. Compliance with generally accepted reporting standards.

Answer:A

A is corrent because a system of quality control is necessary to provide a CPA firm with reasonable assurance that it is conforming to generally accepted auditing standards.

B is incorrect because a system of quality control is necessary to provide the CPA firm with reasonable assurance that it is conforming to professional standards. Continuing professional education is only a part of a firm’s system of quality control.

C is incorrect because a system of quality control is necessary to provide the CPA firm with reasonable assurance that it is conforming to professional standards. A system of peer review is only a part of a firm’s system of quality control.

D is incorrect because it relates only to reporting standards.

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