The International Auditing and Assurance Standards Board (IAASB) today released its First-Time Implementation Guide for ISA 315 (Revised 2019), Identifying and Assessing the Risks of Material Misstatement. The guide focuses on the more substantial changes that were made to International...
2022-08-01 - 10:37 Read moreAuthor: ICAEW Insights With ISQM 1’s deadline on the horizon, firms are starting to think about how to comply. But it can be more than a compliance exercise. It’s never pleasant to think that your practice needs to comply with a new set of standards. ISQM 1 is no exception....
2022-07-06 - 02:16 Read moreAccountancy Europe has issued a new series of publications on: non-audit services mandatory auditors’ rotation public interest entities’ definitions audit oversight They highlight how different the regimes in all these areas are in 30 European countries, following the...
2022-07-01 - 03:09 Read moreIn late 2020, the International Auditing and Assurance Standards Board (IAASB) issued three new and revised quality management standards. The standards strengthen and modernize how a firm of any size or level of complexity approaches quality management. They address the evolving and...
2022-06-30 - 05:13 Read morePathways to Accrual provides resources to implement the whole system approach to quality Public Financial Management (PFM) necessary to transition from cash to accrual with maximum benefit To contribute to and promote the development, adoption, and implementation of high-quality...
2022-03-01 - 08:02 Read moreWith the establishment of the International Sustainability Standards Board, the way forward is clear: The accountancy profession must lead on climate reporting and other material environmental, social and governance disclosures and their assurance—contributing to strong and sustainable...
2022-02-28 - 09:01 Read moreThe International Auditing and Assurance Standards Board (IAASB) today released First-time Implementation Guide for ISA 220, Quality Management for an Audit of Financial Statements. The guide will help stakeholders understand the standard and properly implement its requirements as...
2022-02-22 - 04:49 Read morePublished by: ICAEW The Financial Reporting Council has published two new Quality Management standards and a revised ISA 220. Louise Sharp, Manager at ICAEW’s Audit and Assurance Faculty, looks at steps that firms can take now to help with implementation. As with the...
2021-09-18 - 10:24 Read more