13 November 2023 - The IAASB's effort in developing the ISSA 5000 proposals within a very short space of time is highly commendable. However, we recommend further refinement and detail added to it for it to be a useful and reliable source of requirements and guidance on sustainability assurance. We also strongly support the development of additional implementation guidance, transitional considerations, and further clarity on aspects of the standard.
21 August 2023 - We commend the International Auditing and Assurance Standard Board’s (IAASB) commitment to improving ISA 570 Going Concern to address stakeholder needs and market expectations. We are of the view that these proposals will enhance audit quality and the consistency of practice through further clarity and better alignment with other ISAs. However, we recommend enhancements to transparency in the auditor’s report should only be pursued if there are adequate improvements to the applicable financial reporting framework on management’s going concern assessment and related disclosures.
14 April 2023 - We recommend the IAASB take a holistic approach when modernise the 500 series, starting with ISA 500 Audit Evidence to ensure cohesiveness and consistency across all ISAs as this, and other projects, are undertaken.
28 September 2022
11 February 2022
19 February 2021
16 October 2019
12 September 2019
27 June 2019
27 June 2019
Restructured code of ethics clarifies SMSF audit independence issues
Public practitioners with SMSF clients will need to review engagements where the firm conducts the accounting and audit
Advanced Audit and Assurance
This subject examines audit and assurance processes, methodologies and procedures
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Auditing Standard ASQM 1: Far more than a checklist
Audit and assurance
Tools, templates and resources for audit, review and assurance engagements