IAASB Seeks Feedback on ITC: Enhancing Audit Quality in the Public Interest
The deadline for commenting on the Invitation to Comment, Enhancing Audit Quality in the Public Interest: A Focus on Professional Skepticism, Quality Control and Group Audits (the ITC) is May 16, 2016.
The IAASB also has released a companion document, an Overview of the ITC, designed to solicit feedback from investors, audit committees, and preparers.
Downloadable templates for responding to the ITC and Overview are available.
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ISA 540 Project Publication and Project Proposal
Updated Webpage: Focus on Audit Quality
The revised “Focus on Audit Quality” page contains new resources, including templates for commenting on the ITC and the Overview.
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IAASB Presentation and Outreach Activities
The IAASB continues its extensive outreach program as part of its five-year Strategy for 2015–2019: Fulfilling Our Public Interest Mandate in an Evolving World.
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