Discussion Paper, Audits of Less Complex Entities

Exploring Possible Options to Address the Challenges in Applying the ISAs

IAASB
Apr 29, 2019 | Exposure Drafts and Consultation Papers
24 Pages
English

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Comments due by: Sep 12, 2019

The IAASB seeks to further understand the challenges of using ISAs in audits of less complex entities—and views about possible actions to address these challenges. It recognizes the global call for action to address issues of complexity, length, understandability, scalability, and proportionality related to using the International Standards on Auditing. Continuing the debate on these strategic issues, this Discussion Paper explores how the IAASB, and others, could further support auditors working in increasingly evolving environments.

**Due to upcoming website maintenance, we will not be able to accept any comment letters online from September 27 to until the week commencing October 7. During this time, please email your comment letter directly to KalinaShukarova@iaasb.org.**

Exploring Possible Options to Address the Challenges in Applying the ISAs

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Submitted Comment Letters

1. SAMantilla
May 6, 2019

2. Adele Driscoll (South Africa)
July 11, 2019

3. ASSIREVI
August 2, 2019

4. IFAC
August 13, 2019

5. Canadian Public Accountability Board
August 19, 2019

6. Institute of Chartered Accountants of Nigeria (Nigeria)
August 20, 2019

7. Pitcher Partners
August 21, 2019

8. MNP LLP (Canada)
August 23, 2019

9. Cayman Islands Institute of Professional Accountants
August 29, 2019

10. The Malaysian Institute of Certified Public Accountants (MICPA) (Malaysia)
September 2, 2019

11. Belgian Institute of Registered Auditors (IBR-IRE) (Belgium)
September 5, 2019

12. Auditing and Assurance Standards Board of the Institute of Chartered Accountants of India (India)
September 6, 2019

13. Gabriel Yépez (Ecuador)
September 9, 2019

14. California Society of CPAs (United States)
September 9, 2019

15. Duncan & Toplis Limited
September 9, 2019

16. Michel Maher, Avocat, CPA, LLM, LLD (Canada)
September 9, 2019

17. HW Fisher (United Kingdom)
September 10, 2019

18. MGI Worldwide (network)
September 10, 2019

19. Gary Yong (Malaysia)
September 10, 2019

20. Austrian Chamber of Tax Advisors and Public Accountants (KSW) (Austria)
September 10, 2019

21. SRA (Netherlands)
September 10, 2019

22. Instituto de Censores Jurados de Cuentas de España (Spain)
September 10, 2019

23. KAASB (Korea, Republic of)
September 10, 2019

24. Institute of Chartered Accountants in England and Wales (ICAEW) (United Kingdom)
September 11, 2019

25. Ernst & Young Global Limited
September 11, 2019

26. Adrian & Partners AB (Sweden)
September 11, 2019

27. American Institute of Certified Public Accountants (AICPA) (United States)
September 11, 2019

28. ICAS (United Kingdom)
September 11, 2019

29. GGI - Practice group Auditing, Reporting and Compliance
September 11, 2019

30. Malaysian Institute of Accountants (Malaysia)
September 11, 2019

31. Dailamipour & Co. Audit Firm (Certified Public Accountants
September 11, 2019

32. Ali Sarehraz (IRAN)
September 11, 2019

33. Audit Assistant Limited (New Zealand)
September 11, 2019

34. Consiglio nazionale dei dottori commercialisti e degli esperti contabili (Italy)
September 11, 2019

35. Independent Regulatory Board for Auditors
September 11, 2019

36. IAASA
September 11, 2019

37. Instituto Mexicano de Contadores Públicos, A.C.
September 11, 2019

38. European Federation of Accountants and Auditors for SMEs
September 11, 2019

39. Instituto Mexicano de Contadores Públicos, A.C.
September 11, 2019

40. Wales Audit Office (United Kingdom)
September 11, 2019

41. The Japanese Institute of Certified Public Accountants (Japan)
September 12, 2019

42. Alla Ejova (Russian Federation)
September 12, 2019

43. Baker Tilly International
September 12, 2019

44. Conselho Federal de Contabilidade - CFC (Brazil)
September 12, 2019

45. U.S. Government Accountability Office (United States)
September 12, 2019

46. Deloitte Touche Tohmatsu Limited
September 12, 2019

47. Asociación Interamericana de Contabilidad
September 12, 2019

48. Vera Massarygina (Russian Federation)
September 12, 2019

49. Institut der Wirtschaftspruefer in Deutschland e.V. (IDW) (Germany)
September 12, 2019

50. EXPERTsuisse (Switzerland)
September 12, 2019

51. Chartered Accountants Australia and New Zealand (CA ANZ) and the Association of Chartered Certified Accountants (ACCA)
September 12, 2019

52. NEXIA INTERNATIONAL
September 12, 2019

53. The New Zealand Auditing and Assurance Standards Board (New Zealand)
September 12, 2019

54. Institute of Singapore Chartered Accountants (Singapore)
September 12, 2019

55. Institute of Certified Public Accountants of Uganda (Uganda)
September 12, 2019

56. South African Institute of Professional Accountants (SAIPA)
September 12, 2019

57. HLB International
September 12, 2019

58. Nordic Federation of Public Accountants
September 12, 2019

59. Institut des Experts-comptables et des Conseils Fiscaux – Instituut Van de Accountants en de Belastingconsulenten (Belgium)
September 12, 2019

60. BDO (United Kingdom)
September 12, 2019

61. Compagnie Nationale des Commissaires aux Comptes (CNCC) and Conseil Supérieur de l'Ordre des Experts-Comptables (CSOEC)
September 12, 2019

62. Grant Thornton International Limited
September 12, 2019

63. South African Institute of Chartered Accountants (South Africa)
September 12, 2019

64. Institute of Chartered Accountants of Pakistan (Pakistan)
September 12, 2019

65. RSM International Limited
September 12, 2019

66. Chartered Accountants Academy (Zimbabwe)
September 12, 2019

67. CPA Australia
September 12, 2019

68. Hunter College (United States)
September 12, 2019

69. PKF International
September 12, 2019

70. CPA Ireland (Ireland)
September 12, 2019

71. THE INSTITUTE OF CHARTERED ACCOUNTANTS (GHANA) (Ghana)
September 12, 2019

72. KPMG IFRG Limited
September 12, 2019

73. Australian Auditing and Assurance Standards Board (Australia)
September 12, 2019

74. Hong Kong Institute of Certified Public Accountants (Hong Kong (Special Administrative Region of China))
September 12, 2019

75. IBRACON (Brazil)
September 13, 2019

76. FACPCE (Argentina)
September 13, 2019

77. IFAC - SMPC
September 13, 2019

78. Moore Global
September 13, 2019

79. TURMOB (Turkey)
September 13, 2019

80. Shahedan
September 13, 2019

81. Canadian Auditing and Assurance Standards Board
September 16, 2019

82. PKF South Africa (South Africa)
September 16, 2019

83. Accountancy Europe
September 17, 2019

84. PwC
September 23, 2019

85. Royal Netherlands Institute of Chartered Accountants (Netherlands)
September 24, 2019

86. Crowe Global
September 24, 2019

87. Raymand & Co. (Iran (Islamic Republic of))
September 24, 2019

88. IFIAR
September 25, 2019

89. Czech Republic Public Audit Oversight Board
October 8, 2019

90. Committee of European Auditing Oversight Bodies
October 8, 2019

91. Institute of Public Accountants (IPA) (Australia)
October 28, 2019

92. Institute of Chartered Accountants of Sri Lanka (Sri Lanka)
October 28, 2019

93. Cristian Munarriz
November 6, 2019

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