The AICPA auditing standards board has undertaken a significant effort to make U.S. Generally Accepted Auditing Standards (GAAS) easier to read, understand and apply. The project originated with the ASB plan to converge U.S. GAAS with the ISAs and align its agenda with the IAASB. The foundation of the clarity project is the establishment of an objective for each auditing standard to reflect a principles–based approach to the standard setting.