News in the LEAF Audit Quality Division.
Applying Group Audit PrinciplesLeaf Quality Systems2023-05-02T12:15:54+02:00
Applying Group Audit Principles ISA 600 (Revised) provides clear requirements on how to approach the audit of group financial statements. One may think that these requirements only apply to the audit of a group where consolidated financial statements are compiled, in terms of the relevant financial reporting framework. However, the scope of ISA 600 (Revised) goes beyond that, and there are different circumstances in practice where the principles of ISA 600 (Revised) may be applied. Sub-groups and branches ISA 600 (Revised), paragraphs 2 and 14(k), explains that group financial statements include the financial information of [...]