Technical Update September 2012
Our round-up of legal and regulatory changes.
A practical guide to non-audit assurance services. Aimed at practitioners, it pulls together relevant guidance issued by ICAEW, IAASB and others and uses case studies to illustrate how services can be designed and delivered to create value for relevant stakeholders.
The draft sets out the proposed new audit framework for local public bodies and the process for appointing auditors. It also contains proposals for the audit of smaller local public bodies (turnover less than £6.5m). The consultation closed on 31 August 2012.