GAAS definition

GAAS means generally accepted auditing standards in the United States.

GAAS means generally accepted auditing standards as in effect from time to time in the United States.

GAAS means Generally Accepted Auditing Standards as promulgated by the Auditing Standards Division of the American Institute of Certified Public Accountants from time to time.

Examples of GAAS in a sentence

• Reasonable assurance is a high level of assurance but is not absolute assurance and therefore is not a guarantee that an audit conducted in accordance with GAAS will always detect a material misstatement when it exists.

• In performing an audit in accordance with GAAS, we: • Exercise professional judgment and maintain professional skepticism throughout the audit.• Identify and assess the risks of material misstatement of the consolidated financial statements, whether due to fraud or error, and design and perform audit procedures responsive to those risks.

• Basis for Opinion We conducted our audits in accordance with auditing standards generally accepted in the United States of America (GAAS).

• The annual independent audit shall be conducted in accordance with generally accepted auditing standards (GAAS) and generally accepted governmental auditing standards (GAGAS).

• We have applied certain limited procedures to the required supplementary information in accordance with GAAS, which consisted of inquires of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic consolidated financial statements, and other knowledge we obtained during our audit of the basic consolidated financial statements.

More Definitions of GAAS

GAAS means auditing standards generally accepted in the United States of America.

GAAS means generally accepted auditing standards as in effect from time to time, consistently applied.

GAAS means Generally Accepted Auditing Standards or a set of auditing standards and guidelines promulgated by the Auditing Standards Board of the American Institute of Certified Public Accountants.

GAAS means generally accepted auditing standards as in effect from time to time in the United States of America, consistently applied, as modified by governmental auditing standards and mandated State statutory principles applicable to the Trust as may be in effect from time to time.

GAAS means generally accepted auditing standards.

GAAS means Generally Accepted Auditing Standards, issued by the American Institute of Certified Public Accountants (AICPA).

GAAS means generally accepted auditing standards consistently applied.