IAASB Communique: Audits of Less Complex Entities
Update on Efforts to Address Issues and Challenges
IAASB
Nov 05, 2020 | Surveys & Reports
English
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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Related Resources
- 2018 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements
- IAASB Auditor Reporting PIR Survey Part E - National Standard Setters and Professional Accountancy Organizations
- IAASB Auditor Reporting Post-Implementation Review Survey Part D - Preparers and Those Charged with Governance
- IAASB Communique: Audits of Less Complex Entities
- Key Takeaways from IAASB’s Roundtable Series on Fraud and Going Concern