Globalization of Auditing Standards- An Investigative Analysis Student’s Name Institution Introduction Auditing plays a significant role in most developing and global markets. Over the past years there has been a growth in the globalization of businesses particularly in the audit market where the international controllers of the audit business have progressively become essential and very active. The regulators have the crucial responsibility of ensuring the growth of consistent auditing standards and high-quality international audit profession. Significantly the global management of auditing and accounting standards is essential for the development of an efficient and effective international economy through providing credible and relevant auditing and accounting data to various markets and users. Auditing standards are very significant as they provide most practicing accountants a means of evaluating whether they are fulfilling and accomplishing their certified responsibilities. Most countries over the world demand that the audits by different entities be conducted according and why. Accounting and business research 40(3) 229-256. McGee R. W. & Preobragenskaya G. G. (2005). Problems of Implementing International Financial Reporting Standards in a Transition Economy: A Case Study of Russia. Accounting and Financial System Reform in a Transition Economy: A Case Study of Russia 7-40. Needles Jr B. E. Ramamoorti S. & Shelton S. W. (2002). The role of international auditing in the improvement of international financial reporting. Advances in International Accounting 15 181-201. Roussey R. S. (1992). Developing international accounting and auditing standards for world markets. Journal of International Accounting Auditing and Taxation 1(1) 1-11. Zeghal D. & Mhedhbi K. (2006). An analysis of the factors affecting the adoption of international accounting standards by developing countries. The International Journal of Accounting 41(4) 373-386. Zaman Mir M. & Shiraz Rahaman A. (2005). The adoption of international accounting standards in Bangladesh: An exploration of rationale and process. Accounting Auditing & Accountability Journal 18(6) 816-841. [...]
Required to find at least 20 relevant research articles. You may need more. The aim is for you to write a Literature Review (Minor Assignment) using the literature discovered. • The assignment must be in Ms Word format, 1.5 spacing, 11-pt Calibri (Body) font and 2 cm margins on all four sides of your page with appropriate section headings. • Reference sources must be cited in the text of the report, and listed appropriately at the end in a reference list using APA referencing style.