ICAEW.com works better with JavaScript enabled.

Continue reading

John Selwood's question corner

John Selwood addresses some queries on the Ethical Standard and on non-audit assurance engagements.

New rules on reporting breaches of the Financial Reporting Council (FRC) Ethical Standard are causing some confusion around what auditors are required to do and when.

I understand that auditors are now required to report breaches of the Ethical Standard to ICAEW. Is ICAEW really interested in hearing about every breach, even ones that appear inconsequential?