The ASB has revised its audit standards to converge with international standards.

Name: The ASB has revised its audit standards to converge with international standards.
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The ASB (Auditing Standards Board) has indeed revised its audit standards to converge with international standards, specifically the International Standards on Auditing (ISA) issued by the International Auditing and Assurance Standards Board (IAASB). This ensures consistency and quality in auditing practices worldwide.

The ASB Has Revised Its Audit Standards to Converge with International