International Standard on Auditing 220 (Revised), Quality Management for an Audit of Financial Statements
IAASB
| Standards and Pronouncements
English
All available Translation:
ISA 220 (Revised) deals with the engagement partner and engagement team’s responsibilities for quality management for an audit of financial statements. The revised standard modernizes the approach to quality management and requires the engagement partner and engagement team to be proactive in managing and achieving quality.
ISA 220 (Revised) is effective for audits of financial statements for periods beginning on or after December 15, 2022.
Copyright © 2025 The International Federation of Accountants (IFAC). All rights reserved.