Assignment Task: Read Article and answer the questions.
Article: A Comparison of U.S. Auditing Standards with International Standards on Auditing - Moving Toward Convergence By Deborah L Lindherg and Deborah L. Seifert.
Question 1: What efforts is the Auditing Standards Board making to clarify auditing standards?
Question 2: Describe the five key differences between ISA's and US Auditing Standards.
Question 3: How are the efforts of the Auditing Standards Board and the International Auditing and Assurance Board similar to the Financial Accounting Standards Board and the International Accounting Standards Board?
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