How do you find what standard did an outside auditors use?

Question

in examining a Targets financial statements? or what accounting standards were the statements evaulated?

Answer 1

In note 1 to the consolidated financial statements, Summary of Accounting Policies, it is stated that "The preparation of our consolidated financial statements (was) in conformity with U.S. Generally Accepted Accounting Principles (GAAP)"

Target Corporation's annual report (incl. directors' report, auditors' report and financial statements) for the period ended Feb 3, 2007 is found at the link below.

Answer 2

Read the audit statement.