What does PCAOB standards mean on the CPA exam?

PCAOB standards. The auditing standards that apply to audits of issuers, numbered AS. Issuer audits follow them; nonissuer audits follow the AICPA's AU-C standards.

Defined against PCAOB AS 1000.

Which CPA exam sections use PCAOB standards?

PCAOB standards appears in the AUD section of the CPA exam.

Related terms

• internal control over financial reporting: A process designed to provide reasonable assurance regarding the preparation of reliable financial statements.

See also

• Every CPA exam term in this glossary
• The CPA exam, section by section
• A free FAR mock exam