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FASB web site

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1. Access the Financial Accounting Standards Board website www.fasb.org, review this site and indicate how this site can be used by an independent auditor in conducting an audit of a company's financial statements. (Approximately 300 words)

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The solution evaluates the Financial Accounting Standards Board website www.fasb.org and indicates how this site can be used by an independent auditor in conducting an audit of a company's financial statements.

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During their auditing process, all auditors must ensure compliance to FASB rules and guidelines. The FASB website provides a good reference for all the auditors about all the recent development in the profession that auditors need to be aware of. Not only does the website acts as a quick ...

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