This publication is a practical guide to the audit of related party relationships and transactions, providing suggestions in the form of a five-point action plan to improve audit quality in this area.
It reflects the significant change in approach that is required under the revised ISA.
It highlights the importance of planning the audit of related party relationships and transactions, the need to involve the entire audit team in this, to assign staff with the appropriate level of experience to audit this area and upfront discussions with the client to identify related parties.
Download the publication
Read 'The audit of related parties in practice - international edition'
Download now