Question 1

International standards on Auditing (ISA)are developed by:

Accepted Answer

A) Public Company Accounting and Oversight Board (PCAO
B)  
B) International Auditing and Assurance Standards Board (IAAS
B) . 
C) International Accounting Standards Board (IAS
B)  
D) The International Organisation of Securities Commissions (IOSCO) 
A) Public Company Accounting and Oversight Board (PCAO
B)  
B) International Auditing and Assurance Standards Board (IAAS
B) . 
C) International Accounting Standards Board (IAS
B)  
D) The International Organisation of Securities Commissions (IOSCO)

Question 2

Agency theory assumes that the interests of principals and agents are generally aligned.

Accepted Answer

A) True 
 B)False

International standards on Auditing (ISA)are developed by:

Agency theory assumes that the interests of principals and agents are generally aligned.

Introduction

Accounting Theory Construction

Theory Underpinning Accounting Standards

Measurement

Accounting Measurement Systems

Assets

Liabilities and Owners Equity

Revenue

Expenses

Positive Theory of Accounting Policy and Disclosure

Capital Market Research

Behavioural Research

Emerging Issues in Accounting and Auditing

Filters

Exam 3: Role of Theory in Accounting Regulation

International standards on Auditing (ISA)are developed by:

Agency theory assumes that the interests of principals and agents are generally aligned.

Introduction

Accounting Theory Construction

Theory Underpinning Accounting Standards

Measurement

Accounting Measurement Systems

Assets

Liabilities and Owners Equity

Revenue

Expenses

Positive Theory of Accounting Policy and Disclosure

Capital Market Research

Behavioural Research

Emerging Issues in Accounting and Auditing

Filters