AUD question: ISA's vs U.S.Auditing standards

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  • #198006
    Anonymous
    Inactive

    Hey NINJA’s

    How important is it to know the distinctions between ISA (international) and US Auditing standards for various topics.

    For example: ISA’s dont require communication with predecessor auditor whereas US standards do require it.

    Another example: ISA’s require auditor to assess the need to reissue the engagement letter each year for reaudits/recurring engagements whereas US standards deem it mandatory to reissue engagement letter each year.

    What are your experiences with this?

    THanks!

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