Responses to the challenge of producing expanded audit reports were the subject at the latest meeting of the Practical Auditing Discussion Group.
Audit & Beyond September 2014
Audit and Assurance Faculty newsletter articles September 2014.
The implications for auditors of the new UK GAAP are many and significant, but help is at hand.
Identifying who is charged with governance, ensuring appropriate communication takes place and demonstrating this on the audit file are vital to the success of smaller entity audits, as Adrian Gibbons outlines.
Attendees at the faculty’s spring roadshow, Increasing audit exemption limits – opportunities and threats, raised some interesting questions on assurance alternatives to statutory audit.