In the Standard of Review, what should be cited behind each cited standard?

In the Standard of Review, what should be cited behind each cited standard?

• A. The specific contractual or regulatory basis.
• B. The auditor's personal opinion.
• C. The auditee's internal policies only.
• D. Generic industry statements.

Answer: (A)

Behind each cited standard, reference the exact contractual or regulatory basis that creates the obligation. This anchors the standard in an enforceable authority, making the requirement verifiable and auditable. It shows precisely why that standard applies to the engagement and what legal or contractual duty justifies it. Relying on the auditor’s personal opinion would undermine objectivity and authority. Internal policies alone can be too narrow or non-binding outside the organization, and generic industry statements lack the specific enforceability needed to support a formal standard of review.

Behind each cited standard, reference the exact contractual or regulatory basis that creates the obligation. This anchors the standard in an enforceable authority, making the requirement verifiable and auditable. It shows precisely why that standard applies to the engagement and what legal or contractual duty justifies it. Relying on the auditor’s personal opinion would undermine objectivity and authority. Internal policies alone can be too narrow or non-binding outside the organization, and generic industry statements lack the specific enforceability needed to support a formal standard of review.