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Learn auditing standards from the most up-to-date, user-friendly accounting text on the market! Providing a valuable reference for accounting and auditing professionals, 2006 AUDITING STANDARDS explains the authoritative standards in simple and easy-to-understand language, provides definitions of key terms, and clearly and completely reviews and summarizes all requirements of authoritative standards. This practical and effective how-to guide keeps you abreast of the latest standards and equips you with the understanding for precise application.