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The audit profession is at a crossroads, with new technology transforming the day-to-day tasks of those in the profession, and the variety of work under the audit umbrella increasing. In a new series of videos, John Selwood spoke to four auditors about why they’d recommend their career choice.
Planning and preparation are key when it comes to surviving any audit busy season.
Fast-changing economic conditions make key requirements in ISA 540 particularly important. Andrew Paul offers some timely reminders and practical tips.
Amelia Pickard shares tips on challenging Level 3 asset valuations, with practical guidance on possible audit procedures.
Join us as we explore robust sampling and effective substantive analytical procedures in the context of revised ISA 315, and in light of the FRC’s recent thematic review of audit sampling.
This webinar will focus on the audit response to the application of the new ISA.
Join Peter Herbert for this webinar aimed at helping small and medium sized audit firms get ready for the 2023/24 reporting season.
This webinar will help you to better understand the increasing use of forensic auditors and forensic techniques in mainstream audit and the work of forensic specialists more widely.
Professor Sir Andrew Likierman dives deep into how you can exercise better judgement in the accountancy profession.
Guidance to assist accountants when asked to provide reports on grant claims, reflecting good practice principles for grant-paying bodies and grant recipients.
Guidance to assist the development of good practice by ‘Relevant Trustees.’ These are trustees who as part of their business as a trustee, offer pensions trustee services in relation to trust schemes and who either are on the Trustee Register or adopt this framework voluntarily.
This Technical Release is published by ICAEW’s Audit and Assurance Faculty. It provides practical guidance for accountants reporting to the SRA under the SRA Accounts Rules effective from 25 November 2019.
ATOL Reporting Accountants - Reporting to the Civil Aviation Authority (TECH 02/20 AAF) is a Technical Release published by ICAEW’s Audit and Assurance Faculty.
This guide from ICAEW's Audit and Assurance Faculty looks at considerations for auditors when performing remote inventory audit testing.
This Audit and Assurance Faculty Know-How guide explores COVID-19 issues faced by UK group auditors with overseas component auditors. It offers practical considerations in relation to the work of component auditors to address the requirements in ISAs (UK). It may also be relevant for group auditors in other jurisdictions with similar requirements.
ICAEW’s Internal Audit Panel has identified eight risk areas where boards and audit committees should be asking themselves whether they are receiving the objective assurance they need amid increased public scrutiny.
How to spot accounting estimates and not overlook the more obvious ones in your audit.
ICAEW has created a series of practical guides to support auditors in implementing the International Standards on Auditing (UK) (ISAs (UK)). The guides focus on key challenges in implementing ISAs (UK) and how to overcome them.
ICAEW has created a series of practical guides to support auditors in implementing the IAASB’s international standards on auditing. The guides focus on key challenges in implementing ISAs and how to overcome them.
A representation dated 28 March 2024 to a consultation published by CIPFA LASAAC on 29 February 2024.
A representation dated 18 March 2024 to a consultation published by the PCAOB on 26 February 2024.
A representation dated 7 March 2024 to a consultation published by NAO on 8 February 2024.
A representation dated 7 March 2024 to a consultation published by DLUHC on 8 February 2024.
A representation dated 6 February 2024 to a consultation published by the Bank of England on 6 November 2023.
A representation dated 5 February 2024 to a consultation published by the Financial Conduct Authority on 6 November 2023.
Since it was established in 2004, Audit Quality Forum (AQF) has encouraged open and constructive debate amongst stakeholders about how to improve audit. Find out more about the AQF’s legacy and the wealth of material produced by the AQF with the support of BEIS, ICAEW and the FRC.
Auditors bringing their knowledge of market sectors and business issues for the benefit of wider stakeholders, and alerting practitioners to some of the issues they should consider when planning their audits.
ICAEW’s AuditFutures is an innovative and collaborative initiative, an action-research programme that uses interdisciplinary thinking, design-led processes and interactive workshops to reimagine the audit profession.
As discussions about the future of audit continue to evolve, the Audit and Assurance Faculty intends to influence the debate through a series of succinct, high-level thought leadership essays that consider a range of issues directly or indirectly relevant to the debate.