Scenario:

International Standards on Auditing (ISAs) are issued by the International Auditing

and Assurance Standard Board (IAASB). Use the IAASB web site and published

articles to learn more about the IAASB standard-setting activities.

Task assigned:

Write a report on of your understanding on the following:

Explain the FOUR standards issued by IAASB?

Summary of the due process followed by the IAASB in setting standards.

Kindly write about 600 words and please include the references