e. Go to www.ifac.org/IAASB/ and read the brief history of the IAASB found under the About IAASB link. Write a one-page summary of the development and status of the IAASB and its International Statements on Auditing Standards around the world.

f. Go to www.ifrs.com and read about how the IASB is structured, how it is funded, and how it sets accounting standards. Write one page summarizing what you find. Include a paragraph regarding the current status of the IASBs and FASBs convergence efforts.