International Accounting
5th Edition
ISBN: 9781259747984
Author: Doupnik, Timothy S., Finn, Mark T., Gotti, Giorgio
Publisher: Mcgraw-hill Education,
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Question
Chapter 11, Problem 11EP
To determine
Comment on the problems faced by the IFAC (International Federation of Accounts) in harmonizing auditing standards across different countries.
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What are some advantages of international harmonization of audit standards? List and briefly discuss at least 3 such advantages
Discuss why we have a dual system of auditing standards in the U.S. (AICPA Auditing Standards Committee-Statement on Auditing Standards and the PCAOB-Auditing Standards). Be certain to identify when each system used.
Provide the objectives for a successful audit program according to ISO9001:2015
Chapter 11 Solutions
International Accounting
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