1. The International Auditing and Assurance Standards Board (IAASB) functions as a rule setting body to govern and help

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answerhappygod
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1. The International Auditing and Assurance Standards Board (IAASB) functions as a rule setting body to govern and help

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1. The International Auditing and Assurance Standards Board
(IAASB) functions as a rule setting body to govern and help ensure
quality across the international accounting industry. Discuss ways
in which you see this being beneficial and detrimental to the
accounting profession and industry.
2. Can IAASB implement rules similar to SOX and if so, what
burden does that have on international industry?
2. Where are some of the largest areas of concern for
international fraud and misappropriation of funds?
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