Question
1. While the AICPA and IAASB are committed towards convergence, the PCAOBs standards do not necessarily attempt to converge with the standards of the AICPA
1. While the AICPA and IAASB are committed towards convergence, the PCAOBs standards do not necessarily attempt to converge with the standards of the AICPA and the IAASB. (please answer thoroughly and in detail)
A. Why do you think that the PCAOB might not focus on convergence?
B. What barriers might there be to a more harmonized structure for the three sets of auditing standards?
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Modern Advanced Accounting In Canada
Authors: Hilton Murray, Herauf Darrell
7th Edition
1259066487, 978-1259066481
