New Edition of the IAASB Handbook Now Available on the IAASB Website
IRBA Achieves a Clean Audit Report amidst Resource Constraints and Cost Containment Measures
The IAASB has released the 2022 edition of the Handbook of International Quality Management, Auditing, Review, Other Assurance, and Related Services Pronouncements. Volumes 1, 2 and 3 of the handbook may be downloaded from the IAASB website, on the following link, or print copies may be ordered.
As technical difficulties are being experienced in finalising the IAASB e-International Standards handbook, please refer to the PDF versions in the interim.
Recent Articles
Audit Issues & Trends to Consider
Your Content Goes Here 1. Risk scoping Many auditors are still grappling with applying the principles of ISA 315 (Revised 2019) when performing risk assessment and audit scoping. The standard requires the auditor to [...]
Going Concern Audits: What ISA 570 Revised Means
Your Content Goes Here The International Standard on Auditing (ISA) 570 (Revised 2024), Going concern, issued by the IAASB, responds to growing expectations from stakeholders for more robust auditor [...]
Audit Issues & Trends to Consider
Audit Issues & Trends Your Content Goes Here Audit issues and trends to consider: 1. Regulated industries It is often required in regulated industries that the regulator approve the auditor to perform [...]
Overview of the IFRS for SMEs Accounting Standard 2025 Update
Your Content Goes Here On 27 February 2025, the International Accounting Standards Board (IASB) issued the third edition of the IFRS for SMEs® Accounting Standard. This edition aligns SME accounting more [...]
Audit Issues & Trends to Consider
Audit Issues & Trends Your Content Goes Here Audit issues and trends to consider: Auditing accounting estimates Every set of financial statements contains accounting estimates made by management. Estimates may, however, contain [...]
Professional Scepticism
Your Content Goes Here Misstatements in financial statements originate from errors or fraud. The risks of these occurring can only be appropriately determined with a thorough understanding of circumstances, systems [...]