Audit
Navigating the Revised ISA 315 for 2022 Audits: A Thorough Guide
The International Audit and Assurance Standards Board (IAASB) approved notable amendments to ISA 315 in September 2019, set to be in effect for audits of financial statements starting on or after 15 December 2021. These revisions symbolize a crucial shift in how firms approach risk assessments, impacting audits globally. In this guide, we will go…
Read MoreTrends: What’s coming up in Audit and Assurance
Corporate governance and audit reform are key areas that will lead to a change in assurance approaches. “A significant package of reform” is how Sir Jon Thompson, CEO of the FRC (Financial Reporting Council) described the important ‘Restoring trust in audit and corporate governance’. White Paper by the BEIS (Department for Business, Energy & Industrial…
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