All of the following are changes associated with the Audit Clarity Project except:
A)the audit report.
B)terminology.
C)format.
D)ensuring that US standards are adopted worldwide.

Question

Quizplus · Accepted Answer

The Audit Clarity Project was focused on enhancing the clarity and relevance of audit standards and guidance. While the project aimed to ensure more consistency in the application of auditing standards worldwide, it did not specifically aim to ensure that US standards were adopted worldwide. Therefore, D is the correct answer as it is the only option that is not a change associated with the Audit Clarity Project. A, B, and C are all changes that resulted from the project, as the project aimed to improve the clarity and usefulness of audit reports, update and clarify auditing terminology, and streamline the format of auditing standards and guidance.

All of the Following Are Changes Associated with the Audit