The organization in Japan responsible for issuing auditing standards is:
c. Japanese Institute of Certified Public Accountants (JICPA)
Here's why:
1. The Japanese Institute of Certified Public Accountants (JICPA) is a professional organization in Japan that plays a crucial role in setting auditing standards for the accounting profession.
2. JICPA is responsible for ensuring that auditors follow specific guidelines and standards when conducting audits of financial statements to maintain transparency and accuracy in financial reporting.
3. By setting auditing standards, JICPA helps to uphold the quality and credibility of financial information provided by companies, thus promoting investor confidence and trust in the financial markets.
Therefore, the correct answer to the question is the Japanese Institute of Certified Public Accountants (JICPA).
