In what ways do company audit reports vary in different countries

In what ways do company audit reports vary in different countries

2 Separate Discussion Questions (Must be answered separately)

Discussion 1

Access the International Federation of Accountants Web site at: http://www.ifac.org/auditing-assurance/ (Links to an external site.)Links to an external site.

In what ways do company audit reports vary in different countries? Select a country and discuss at least three ways that auditing is different than U.S. auditing standards.

Discussion 2

Can a foreign acquisition target be assessed like any other asset? Provide your argument as to why or why not.

 

Solution preview

According to Brown, Preiato & Tarca (2014), the development of audit reports is normally done after transactions have been conducted in a given fiscal year. Fiscal year determination by each country is often different. Moreover each country has its own stipulation of the documents that require filing………………….

APA

371 words