ASB Clarity Project: International Convergence

Decent Essays
Another aspect of the ASB Clarity Project is complying and conforming of the International Convergence. There was teleconference training to inform advisors with new and recent material changes to the Auditing Standards. The outline consisted of the circumstances of the Clarity Project (the reformatting of the project, convergence; and the effective date); the material changes to the standards (the main objective and definitions of each standards); and the navigational modification to the standards (preparing and organizing the improvements) This training will address client’s international operation management; the impact of auditor’s goals; and government agencies’ special considerations. The teleconference will inform companies of

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