The Audit and Assurance technical area has information, guidance and events about the Audit and Assurance Faculty, clarified ISAs, working in the regulated area of audit, the future of audit, gain audit rights in the UK and the audit quality forum.
Audit practical help
Resources to help you maintain high standards of compliance, quality and scepticism.
ICAEW is playing a leading role in trying to understand how technology, and in particular data analytics, will impact on the future of audit. Learn more about our work in helping audit firms and businesses to understand the opportunities and threats that technology is bringing.
Some UK organisations are required to have their annual financial statements audited and others are exempt from the statutory requirement, most often due to their size. The thresholds determining company size for accounting purposes changed as of 1 January 2016. Here we provide guidance on the exemption requirements for reporting periods beginning before and after 1 January 2016.
The ICAEW is at the cutting edge of the developing assurance market, providing solid practical guidance to support members as they move into this new area, sharing examples of best practice and promoting dialogue about the future of assurance services.
Helpsheets prepared by ICAEW Technical Advisory Service to assist you in your day-to-day work. We offer practical advice, respond to frequently asked questions and highlight the issues you may need to consider.
This section explains what constitutes regulated audit work, what is meant by the term 'registered auditor' and how your firm can become a registered auditor. Application forms are also available in this section as well as a guide to which forms your firm will need to complete.
ICAEW’s Audit Qualification (AQ) is only available to ICAEW members and is free of charge. Please read through the following carefully to determine if the AQ is relevant to you and how you should apply.
ICAEW is now responsible for the licensing, registering and monitoring of auditors who wish to carry out audits of local public bodies.This page explains what accountancy firms and individuals need to do to become a registered local auditor under the Local Audit and Accountability Act 2014.