How many auditing standards are there

What are the auditing standards for financial statements?

Auditing standards for audits of financial statements include objectives for the auditor, together with requirements and related application and other explanatory material

Who develops and maintains auditing standards?

The FRC develops and maintains auditing standards for engagements that are performed in the public interest within the United Kingdom

The standards below are effective for audits of financial statements for periods commencing on or after 15 December 2019 (unless otherwise stated)

Generally accepted auditing standards (GAAS) are a set of systematic guidelines used by auditors when conducting audits of c…