Read â€œA Comparison of U.S. Auditing Standardsâ€ (found in this weekâ€™s readings in the DeVry library). In 3-4 pages (12-pt type, double-spaced) answer the following questions:
1. What efforts is the Auditing Standards Board making to clarify auditing standards?
2. Describe the five key differences between ISAâ€™s and US Auditing Standards.
3. How are the efforts of the Auditing Standards Board and the International Auditing and Assurance Board similar to the Financial Accounting Standards Board and the International Accounting Standards Board?