New Standard for Audits of Less Complex Entities (LCEs) Issued by IAASB

The IAASB has published the ISA for Audits of Financial Statements of LCEs, which is available on:

https://www.iaasb.org/focus-areas/isa-lce-standard-audits-less-complex-entities?utm_source=Main+List+New&utm_campaign=021b6b1758-IAASB-LCE-release-12.6.23&utm_medium=email&utm_term=0_-021b6b1758-%5BLIST_EMAIL_ID%5D

Audits performed using the ISA for LCE provide the same level of assurance for eligible audits: reasonable assurance.

All materials may be accessed on the IAASB website: iaasb.org/ISAforLCE

Recent Articles

Newsletter May2024

Property Practitioners: Payment Processing Agents Many property practitioners make use of payment processing agents. Payment processing agents meet the definition of a service organisation, and should be evaluated by the [...]