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Audit and Beyond May 2020

In this issue: ICAEW has a host of resources to help members and clients tackling issues with COVID-19, The institute has updates it's Code of Ethics. We look at what has changed and how it affects the way you work, We have some internal audit key questions for our board and committees, How data analytic can improve audit quality, We looks at reasons to renew you professional indemnity insurance and ensure your cover is complete and John Selwood is back to answer your questions in the audit clinic.

Tackling Covid-19
ICAEW is providing practical advice and support for members and their clients.

Follow the ICAEW Code of Ethics and do the right thing
We have your answers to your questions on the latest ICAEW Code of Ethics.

Worth the wait
Audit data analytics can enable firms to enhance audit quality and improve their effectiveness and efficiency. But achieving this can be a long slow process. 

The eight key areas that need to be reassessed in internal audit
ICAEW’s Internal Audit Panel has said that it may be time for internal audit to reassess assurance needs in some key areas.

Being prepared with your public indemnity insurance
Ensure that your professional indemnity insurance cover is complete and renew early.

John Selwood's audit clinic
This month's surgery tackles questions about COVID-19.