While the AICPA and IAASB are committed towards convergence, the PCAOB’s standards do not necessarily attempt...
- While the AICPA and IAASB are committed towards convergence,
the PCAOB’s standards do not necessarily attempt to converge with
the standards of the AICPA and the IAASB.
- Why do you think that the PCAOB might not focus on convergence?
- What barriers might there be to a more harmonized structure for the three sets of auditing standards
Homework Answers
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While the AICPA and IAASB are committed towards convergence,
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