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IAASB Communique: Audits of Less Complex Entities

Update on Efforts to Address Issues and Challenges
| Surveys & Reports

Focusing on the effective and consistent application of our standards, the IAASB is addressing issues and challenges related to complexity, understandability, scalability and proportionality. While there is a particular focus on audits of less complex entities, the work is also considering the suite of ISAs more broadly. This Communique highlights our efforts and sets out what we are planning.

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