The profession is engaged in an active and important debate about the impact of existing and expected audit exemptions. There is limited air space to debate assurance as well. However, assurance provides a route to other services that clients will need in place of statutory audits. So why not make the time?
Audit & Beyond October 2014
Audit and Assurance Faculty newsletter articles October 2014.
Although Ethical Standards for Auditors have been around for some years, there are still areas where auditors commonly struggle to consider and safeguard threats to their independence, as QAD reviewers Nick Reynolds and Henrietta Thompson outline.
When AuditFutures held its first Accountancy Salon on design and trust at the Royal College of Art, Lesley Meall arrived ready to play the cynic – and left seriously inspired.
This month John tackles an issue many auditors will not want to face but will probably come across during the transition to FRS 102: the useful economic life of goodwill and other intangible assets.