Why is international harmonization of auditing standards important?
A. to be consistent with harmonized international accounting standards
B. to ensure the independence of external auditors of multinational corporations
C. to assure international capital markets that auditing has been consistent across companies
D. to reduce the authority of individual governments to enact accounting laws
Answer:C
Why is international harmonization of auditing standards important?
A. to be consistent with harmonized international accounting standards B. to ensure the independence of external auditors of multinational corporations C. to assure international capital markets that auditing has been consistent across companies D. to reduce the authority of individual governments to enact accounting laws