Is it necessary to have a set of International AuditingStandards? Would it be better if the International AccountingStandards were allowed to be set by or be based upon U.S. auditingstandards? Or perhaps International Auditing Standards should beset by the United Nations? In your opinion, is it perhaps easierfor the world to reach an agreement on International AuditingStandards than it is for the world to reach an agreement onInternational Accounting Standards? Why or why not for each of theabove individual questions? Be specific.
