Examlex
According to the text, all of the following statements about false confessions are true, EXCEPT:
Convergence
In financial contexts, it can refer to the efforts to harmonize international accounting standards and practices, reducing differences between region-specific frameworks.
FASB
The Financial Accounting Standards Board, an organization responsible for establishing and improving accounting standards within the United States.
Auditing Experience
The professional knowledge and skill gained through performing audits, typically used by accountants and auditors to ensure financial statements are accurate and comply with laws and regulations.
Independence
The state of being free from external control or influence, often related to auditor's neutrality.
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