Accounting and Auditing standards

garcia User Posts: 1 Joined: 13/10/2011	#1 13/10/2011 17:59 is there any integration between international accounting standards and international auditing standards. if any one of them is adopted by a country, is it compulsory to adopt the other?

w. russel User Posts: 1 Joined: 15/10/2011	#2 15/10/2011 08:26 I dont think there is proper integration of both but at some points they refer to one another. there adoption is not required simultaneously but more and more counteries are adopting them to get uniformity in financial disclosures and reliance on them