AICPA Auditing Standards

AICPA Auditing Standards are a set of professional guidelines used by CPAs in the United States to ensure audits of financial statements are conducted consistently and reliably. These standards outline the processes, procedures, and ethical principles auditors must follow to provide accurate and trustworthy financial reports. They cover areas such as planning the audit, collecting evidence, assessing risks, and communicating findings, helping stakeholders rely on the audited information for decision-making. Essentially, they serve as a blueprint for auditors to perform high-quality, independent examinations of a company's financial health.