Audit and Beyond February 2020
In this issue: Mark Babington outlines the Financial Reporting Council's changes to its ethical standard and auditing standards, Sophie Campkin offers an overview of the Brydon Report, With cryptocurrency gaining more popularity, auditors need new skills and knowledge, ICAEW can help firms improve their quality of work in group audits and John Selwood addresses questions on auditing and standards and audit exemption.
Recommendations from the Brydon report will help to redefine the direction of the future of audit. Sophie Campkin offers an overview.
The growing popularity of cryptocurrencies means auditors need new skills and knowledge, says David Lyford-Smith.
The Financial Reporting Council has issued a major revision to its ethical standards.
Mark Babington outlines the Financial Reporting Council’s changes to UK auditing standards.
ICAEW support materials can help firms improve the quality of their work in this key area.
This month John answers questions on the revised UK ISA about going concern.