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The TAC has issued new guidance on the definition of transnational audits. The definition has not been changed but the guidance has been revised and we believe it provides more assistance to member firms. In view of this please use this guidance when completing the transnational audit database as at 30 June 2010 and for future updates to the transnational audit database.
The new guidance can be located on the PKF website in both English and Spanish by clicking the link below:
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