Auditing 1 AccountingYou have been asked to make presentation in you international Business class about how globalization is impacting the auditing professional. In preparation, you met with your auditing professor and discussed these questions.a. What organization are responsible for establishing U.S auditing standards used by CPA firms when auditing financial statements prepared by organizations based in the U.S?b. What organization is responsible for establishing auditing standard internationally?c.To what extent are AICPA auditing Standards and international auditing standards similar?d. What is the process the AICPA auditing standards Board (ASB) uses to develop AICPA auditing standards?e. To what extent PCAOB auditing standards impact by international standards?
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