A view of whats ahead for auditors this year and beyond
A recent gathering of training providers offers insights into what’s on the horizon for auditors, says Louise Sharp.
Back in January, the faculty hosted its annual event for training providers and developers of audit software methodology to highlight future plans, discuss good practices and explore a range of topical challenges and issues in auditing and assurance. It covered significant ground, and in 2020 we can expect to see:
Inspection grades have fallen short of Financial Reporting Council (FRC) targets in recent years. Key findings include the need for improvements on estimates and judgements. This covers corroboration and challenge for key assumptions, including those relating to going concern.
Continue reading
This content is not freely available. To access 'A view of whats ahead for auditors this year and beyond' you need to be one of the following:
ACA student
This content is available to ACA students. If you want to start the ACA qualification there are several routes you can take
Audit and Assurance Faculty
Stay ahead of the curve with our expert guidance, trusted technical resources and practical insights.
