Auditing standard definition

Auditing standard means level of auditing quality or excellence established by the Tax Institute as a norm to be accepted and followed by auditors of published financial statements.

Examples of Auditing standard in a sentence

  • For purposes of this Agreement, the terms “significant deficiency” and “material weakness” shall have the meaning assigned to them in Public Company Accounting Oversight Board Auditing standard 2, as in effect on the date of this Agreement.