Global standards vital to world economy growth

Article Abstract:

Globalization has generated a need for uniform financial reporting standards across the globe. CPA Australia's Asia Pacific Financial Reporting Advisory Group has presented its views to the International Accounting Standards Board for harmonization of standards in global economy.

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New world audit

Article Abstract:

The changes in Australian accounting and auditing standards for conforming to international accounting standards are discussed. The implications of these changes are explained.

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Mission: transition

Article Abstract:

The implications of the applicability of international financial reporting standards on Australian Audit procedures are discussed.

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