When conducting a financial statement audit, the auditor must gather evidence about management's assertions and ascertain the degree of correspondence between those assertions and established criteria. What are the established criteria to which financial statement auditors generally compare management's assertions?

When conducting a financial statement audit, the auditor must gather evidence about management's assertions and ascertain the degree of correspondence between those assertions and established criteria. What are the established criteria to which financial statement auditors generally compare management's assertions?




Answer: GAAP


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