Guidance for Auditors During the Coronavirus Pandemic
During the COVID-19 pandemic, audits should continue to comply with the required standards, which may necessitate different and enhanced considerations by auditors in the current circumstances. Auditors may need to consider developing alternative procedures to gather sufficient appropriate audit evidence to support their audit opinion, or to modify the audit opinion.
The following resources, assembled by the IAASB staff, have been included to help our stakeholders, and the larger accounting community, navigate some of the challenges ahead.
IAASB Leadership Statements
COVID-19 Resources
IFAC webinar: Practical Audit Quality Considerations- Planning the Audit in the Pandemic Environment IFAC webinar: Practical Audit Quality Considerations – Performing the Audit in the Pandemic Environment IFAC webinar: How Small Firms Can Evolve in the COVID-19 Environment IFAC's COVID-19 Resource Page IFAC: Summary of Covid-19 Audit Considerations IFAC: Summary of Covid-19 Financial Reporting Considerations The International Ethics Standards Board Association (IESBA) COVID-19 Resource Page The International Public Sector Accounting Standards Board® (IPSASB) COVID-19 Resource PageLATEST STAFF ALERTS:
Staff Audit Practice Alert: Interim Reporting
Staff Audit Practice Alert: Accounting Estimates
Staff Audit Practice Alert: Auditor Reporting
Staff Audit Practice Alert: Subsequent Events
Staff Audit Practice Alert: Going Concern
Audit Considerations Arising from Changes Due to COVID-19
Audit Considerations for Public Sector Auditors - COMING SOON
Speeches, Public Statements and Presentations
Links To Useful Resources
The following provide links to guidance or matters for consideration that may be relevant in the current circumstances.
