Auditing standards: a. outline specific rules for accounting for transactions occurring in a business enterprise for all private companies in the united states. b. represent pronouncements by any of the organizations responsible for setting auditing standards. in the u. s. these standards are set by the pcaob for public companies and broker dealers, and by the auditing standards board of the aicpa for other entities. c. are ten general guidelines to aid auditors in fulfilling their professional responsibilities and maintain professional skepticism and exercise professional judgment. d. represent the combination of the six principles and four of the statements on auditing standards (sass) that are codified in the au-c sections.