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  3. 1. according to tuovila 2023, the writer posited t

1. According to Tuovila 2023, the writer posited the understanding that GAAS are the auditing...

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Accounting

1. According to Tuovila 2023, the writer posited the understanding that GAAS are the auditing standards that help measure and ensure the quality of audits. Auditors review and report on the financial records of companies according to the generally accepted auditing standards. Tuovila (2023) further stated, auditors are tasked with determining whether the financial statements of public companies follow generally accepted accounting principles (GAAP). GAAP is a set of accounting standards that public companies must follow when reporting their true and accurate financial results. In addition, the auditors review a company's financial records and accounting practices to ensure that they're consistent and comply with GAAP. The Securities and Exchange Commission (SEC) requires that the financial statements of public companies be examined by external, independent auditors. Requirement: As per the three (3) sections that GAAS is divided into, which of the sections would the above refer to; and explain the section chosen. GAAS sections: General Standards, Standards of Fieldwork and Standards of Report

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