[Ralphie Dos Nachos]

hey guys, maybe as I go through audit I’d understand this more but is GAAS standards for both nonissuers and issuers? and its just nonissuer reports that reference GAAS while Issuers have to follow GAAS and PCAOB standards? but only mention PCAOB in their reports?

[Ralphie Dos Nachos]

bump

[pakff]

Here is how it works. PCAOB provides generally accepted auditing standards for the audits of issuers, and SAS (Statements on Auditing Standards) provides standards for the audits of nonissuers. However, GAAS aka generally accepted auditing standards should be followed in both cases. Hope this makes sense.

[Author]

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