January 19, 2023

16 January 2023 The International Auditing and Assurance Standards Board (IAASB) has published a public consultation for its 2024-27 proposed strategy and work plan, with it wishing to develop an overarching standard for assurance on sustainability reporting. New globally accepted standards aim to improve investor confidence and “reduce the risk of material misstatements”. The proposed …

IAASB Begins Work on Global Standards for ESG Assurance Read More »

15 December 2022 This new tool will help auditors implement the new International Standard on Auditing (ISA) 315 which came into effect for audits of financial statements for periods beginning on or after December 15, 2021. The tool does not replace the need to read ISA 315, including its application and other explanatory material. The …

IFAC released a new resource: The Risk Identification and Assessment Process: Tips on implementing ISA 315 Read More »