All change please
The IAASB’s new and revised auditor reporting standards are an opportunity for audit firms to show innovation, respond to investors’ needs and demonstrate the value of audit, says Chris Cantwell
The International Auditing and Assurance Standards Board (IAASB), the European Commission, the Public Company Accounting Oversight Board (in the US) and the Financial Reporting Council (FRC, in the UK) have all pursued auditor reporting initiatives, with various outcomes.
This is an extract from an article in the February 2015 edition of Audit & Beyond, the magazine of the Audit and Assurance Faculty.
Find out more
Members of the Audit and Assurance Faculty and subscribers of Faculties Online
To read the complete article, subscribe to Faculties Online or join the Audit and Assurance Faculty and get access to this article in full, plus all future publications, events, webinars and services.