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In our comment letter, we generally agree with the mission of the Auditing Standards Board (ASB) and the keys to its success, as well as the factors driving its strategy. We discuss the importance of maintaining the scalability of ASB standards for audits of nonpublic entities. We provide recommendations related to the convergence of ASB standards with those of the IAASB and to the increased use of advanced technologies in companies and in audits. We also include suggestions on how the ASB can better manage its priorities and operate more effectively and efficiently.