01-03-2021
2 March 2021: With new listed company reports for 2020 being issued every day at this time of year, this is a good time to take stock of what those reports reveal about the pandemic’s impact.
19-02-2021
22 February 2021: As auditors turn their attention to 31 December 2020 year end audits, ICAEW’s Audit and Assurance Faculty reminds auditors of two key audit report changes affecting audits of financial statements of periods commencing on or after 15 December 2019.
09-02-2021
10 February 2021: Reporting season might have been complicated by COVID but, says Joe Scaife, Head of Audit and Assurance at Bishop Fleming, you can achieve the same objectives in different ways.
03-02-2021
4 February 2021: The IFRS Foundation has published a document designed to help preparers of IFRS accounts through the intricacies of applying going concern requirements, in response to the current volatile economic conditions.
27-01-2021
28 January 2021: Bob Neate is Head of Audit at Mazars. He says that despite the challenges of sequential lockdowns, auditors are there to protect stakeholders and clients, even when difficult questions must be asked.
12-01-2021
13 January 2021: With a difficult year behind them, the upcoming reporting season is likely to cause further issues for both retailers and their auditors. We speak to Jacqui Baker, boutique owner and Audit Director at RSM UK Audit, about year ends, going concern and wellbeing.
04-01-2021
4 January 2021: ICAEW’s Technical Advisory Service answer some of the most frequently asked accounting and auditing issues.
17-12-2020
17 December 2020: Understanding Brexit risk factors is now particularly important given the additional risk of COVID. Entities and auditors will need to analyse and understand the combined impact of these two events.
16-12-2020
16 December 2020: Network Rail had to prepare its 2019/20 accounts as the UK first went into lockdown. Its group chief accountant explains what it taught the team.
15-12-2020
15 December 2020: ICAEW’s Financial Reporting Faculty’s short guide looks at the main areas of focus.
14-12-2020
Auditors will need to consider how Brexit-related risks could impact on the firms they are auditing. Our guide provides a framework for that analysis.
05-03-2020
Analysis, insights, guides and resources on the coronavirus pandemic and its impact.
09-10-2020
This Know-How guide from ICAEW’s Audit and Assurance Faculty covers what irregularities are, how the requirements have changed in ISA (UK) 700 (Revised January 2020), what should be reported on in the auditor’s report, and how COVID-19 may impact what is reported.
18-11-2019
An overview of the relevant requirements, challenges and developments in risk assessment.
08-06-2017
Applying the materiality requirements in International Standards on Auditing (ISAs) can be challenging. As highlighted in inspection findings, reviews and from experience in practice, it’s an area where improvement could be made.
10-07-2019
ISA 540 (Revised) Auditing accounting estimates and related disclosures is effective for audits of financial statements for periods beginning on or after 15 December 2019.
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09-10-2018
The IAASB has issued ISA 540 (Revised) Auditing accounting estimates and related disclosures. There are some changes and new requirements in ISA 540 (Revised) that are likely to prove more challenging for auditors to implement.
01-02-2021
Factors to consider when preparing financial statements – updated for 2020 and early 2021 year ends.
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06-09-2022
Factors to consider when doing a going concern assessment and the practical implications for financial reporting.
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20-05-2020
Technical helpsheet issued to help ICAEW and Financial Reporting Faculty members account for COVID-19 support schemes.
18-05-2020
Why going concern is important for the accounts and how to make the assessment.