You have been asked to make a presentation in your International Business class about how globalization is

impacting the auditing profession. In preparation, you met with your auditing professor and discussed

these questions:

View the questions.

Requirement

Briefly outline key points that you would make in your presentation to address these questions.

a$.$ What organization is responsible for establishing auditing standards internationally?

of the

is responsible for issuing

These standards

override a specific country's

regulations governing the audit of financial statements.