In response to the internationalization of the capital market, SFB has adopted the Converging method since 2008 to gradually revise the domestic Statements of Auditing Standards and the International Standards on Auditing (ISAs). ISA 700 “The independent auditor’s report on financial statement” issued by the International Auditing and Assurance Standards Board (IAASB) on January 15, 2015 have substantially revised the contents of the audit report. The accountant should state the key audit matter (KAM) and response to the verification procedures, SFB requires the certified public accountants to apply the new audit report when issuing the audit opinions of the TWSE-listed, or TPEx-listed, companies and the relevant financial industry's 2016 annual financial report. Taiwan is earlier than that of the EU countries and the United States. The convergence with ISAs has been very effective in Taiwan.