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Re: trent777 post# 22278

Saturday, 09/13/2008 9:23:06 AM

Saturday, September 13, 2008 9:23:06 AM

Post# of 118239
The "audited international standards" are higher than those in the USA. This free link discusses some of the issues and you can see more by googling "audited financials to international standards". I believe Newton will need "audited financials" according to these international standards for any operating
subsidiary and especially IWS and anything going on in China.

The costs for such work are going to be high as it is specialized and beyond the pale of most normal accountants specializations:

http://www.ifac.org/Store/Details.tmpl?SID=12048375762286923&Cart=122131175530373


http://www.auasb.gov.au/docs/agenda_items/6-7_Feb_06/Agenda_Item_7_j_.3_ASA_720_Mark_Up.pdf

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