Displaying 1-10 of 18 results
How to approach going concern reviews as a trustee
- Article
At this time of year, many charity finance professionals and treasurers are entering their busiest season. With the financial year-end and subsequent audit approaching for many charities, the annual going concern review is a governance priority.
Exclusive
Completing the audit and reporting
- eBook chapter
A chapter on the completion phase of an audit. Covers subsequent events, going concern, written representations, audit finalisation and review, evaluation of uncorrected misstatements, and reporting.
Exclusive
Events after the end of the reporting period
- eBook chapter
Chapter on events after the end of the reporting period in a guide to all aspects of UK auditing standards and UK GAAP accounting standards.
Navigating tariffs: four considerations for auditors
- Article
The introduction of enhanced tariffs by the current US administration will inevitably place a strain on many UK-based and global businesses.
What is reverse stress testing?
- Article
ICAEW’s Audit and Assurance Faculty offers guidance on what you need to know about reverse stress testing, what it aims to do and the key terminology.
Understanding audit reports
- Helpsheets and support
The FAQs below, created by ICAEW’s Audit and Assurance Faculty, are designed to help investors and other users of audit reports to better understand the different types of audit report wordings used by auditors, and their significance. They also highlight how economic uncertainty resulting from wider external factors can impact audit reports.
What does going concern in the public sector really mean?
- Article
Many consider the going concern assumption in the public sector “meaningless”, so could resilience statements provide a better way of assessing whether public bodies are financially viable?
Auditing going concern for public sector entities
- Article
Should the current going concern audit requirements be relaxed for entities unlikely to disappear? A presumption some public sector bodies are a going concern could free up resources to audit areas that add more value.
Why all businesses should reverse stress test
- Article
Entities of all sizes should consider using reverse stress testing to enhance their going concern assessments and related disclosures.
How entities and auditors use RST
- Article
Reverse stress testing (RST) can help organisations when designing measures to prevent and mitigate the risk of business failure, and be useful for auditors.
Displaying 1-10 of 18 results
Join the Corporate Reporting Faculty
Our online content helps you stay up-to-date and meet your continuing professional development needs. By joining the faculty, you will receive our monthly bulletin highlighting current corporate reporting issues and our latest resources. Networking opportunities will enhance your career and contributing to our policy work will support the profession. Membership is open to all.
