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A PA firm is conducting the audit of a company that has operations in both Canada and Finland. There ...

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A PA firm is conducting the audit of a company that has operations in both Canada and Finland. There ...

A PA firm is conducting the audit of a company that has operations in both Canada and Finland. There is a conflict between ISAs (International Statements on Auditing) and CASs (Canadian Auditing Standards) for the foreign operations that will be consolidated with the Canadian operations. Which reporting standards should the PA firm follow?
A) reporting standards of Finland
B) international reporting standards
C) Canadian reporting standards
D) the best of Canadian or international

Textbook

Auditing: The Art and Science of Assurance Engagements, Canadian Edition

Edition: 12^th

Authors: Arens, Elder, Beasley, Splettstoesser

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More solutions for this book are available here

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eFishie Author

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Good timing, thanks!

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