Detailed submission provided to the International Accounting Standards Board (IASB) on proposed International Standard of Accounting (ISA) 705 and 706.

This submission was provided by CPA Australia in consultation with members through the Asia-Pacific Financial Reporting Advisory Group (APFRAG) which is a Board Committee representing a regional perspective from South-East Asia, Oceania and Australasia.

For the most part the submission supports the principles of providing guidance for audit opinions.