ICAEW released a consultation findings report to share its experience and promote the debate over the needs of audit-exempt companies. The initial consultation was launched in 2006 to explore the financial information requirements and assurance needs of businesses that fall below the statutory audit threshold.
Alongside the consultation, ICAEW launched the ICAEW Assurance Service, a new assurance service, to increase the range of services that chartered accountants can offer their clients and meet the diversifying needs.
Alternatives to audit: Report on the ICAEW Assurance Service consultation
This consultation findings report presents findings from practical experience of providing the ICAEW Assurance Service over the period since 2006 and views of users of financial information that help in assessing the relevance of the service to their needs.
Practical Guide on Accountant Services for Audit-Exempt Companies
Click on the link below and fill in the form to request a hard copy of the re:Assurance Practical Guide for Audit-exempt companies
Consultation
This Issues Paper provides the background to the consultation on the needs of audit exempt companies and the development of the service and discusses issues arising. It actively seeks feedback from stakeholders with a series of questions in order to promote the debate over the issues that affect audit exempt companies and to refine the service at the end of the consultation period.
Assurance Service Publications
ICAEW has issued various publications which deal with the ICAEW Assurance Service and the consultation process.
Webcasts
This webcast explains the ICAEW Assurance Service, which sits between accounts compilation service and voluntary statutory audit.
FAQs
View frequently asked questions from practitioners and other stakeholders.
News and Views
View the latest news and views.
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