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How important are the auditing standards ?

This topic has 2 replies, 2 voices, and was last updated 6 years ago by oneel11.

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February 11, 2018 at 1:04 pm #436404
oneel11
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- Topics: 5
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Do I need to know all the auditing standards to be able to do the P7 exam ? The past papers only seems to test our knowledge in accounting standards, but not much for auditing standards.
March 4, 2018 at 2:20 pm #440087
arvind111
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Massivelyy important – the better you know them, more likely you are to pass
March 6, 2018 at 7:00 am #440521
oneel11
Member
- Topics: 5
- Replies: 34
After practicing the past papers and attempting the exam, I don’t think auditing standards are ‘massively’ important. Its good to know them, but not essential to pass.
Accounting Standards are the ones which are ‘massively’ important.
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