I have synched my asana calendar with my outlook calendar, and all is well except for the fact that it does not include the time of the event. It comes into outlook as an all-day event, and time is one of the most important parts. Am I missing a simple setting change?
You are not missing anything. Asana does not have the capability to put the tasks at a specific time on your outlook calendar.
Welcome to the Asana Community Forum @Sarah_Sharpe
As Mike mentioned that isn‘t possible at this stage.
There are some apps with which this is possible, such as zzbots
Here is the relevant feedback request for Google calendar: Show task due time in Google Calendar
And here is another feedback request you might be interested in upvoting.