Exposure Draft: Proposed South African Auditing Practice Statement 7
The IRBA CFAS has approved the Exposure Draft: Proposed SAAPS 7, Transparency Reports of Firms that Audit Financial Statements of Publicly Traded Entities Audit Engagements, available on:
Transparency reports are often an appropriate tool to achieve the ISQM 1 objective of communicating relevant and reliable information to external parties. Examples are available on:
Comments, in Word format, should be submitted to standards@irba.co.za by 15 June 2024.