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Audit & Assurance |
Accounting firms offer a wide range of professional services to their clients, including audit, review, other assurance, and related services. These services are regulated, with many jurisdictions requiring compliance with international standards or national requirements that have been based on international ones. High-quality international standards increase the comparability, consistency, clarity, credibility, and transparency of financial information. And, high-quality financial information, in turn, increases the stability of the global financial infrastructure. See the full overview.
Auditor Reporting Standards Implementation: Key Audit Matters
by Christopher Arnold, Head of SME/SMP and Research, IFAC and Dawn McGeachy, Principal, Colby McGeachy Professional Corporation | December 13, 2017
Implementation support for the new and revised IAASB Auditor Reporting standards, including links to Key Audit Matters (KAM) examples.
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Latest Articles
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Future Implementation Support for International Standards on Auditing (ISAs)
IFAC is exploring what future implementation support could be developed for practitioners to effectively and efficiently apply International Standards on Auditing (ISAs).
by Christopher Arnold, Head of SME/SMP and Research, IFAC and Dawn McGeachy, Principal, Colby McGeachy Professional Corporation | January 15, 2019
Technology Will Transform Audit
While traditional audit and assurance services will remain essential, new accounting technologies are likely to significantly impact the way auditors execute engagements and client services.
by Steve Ursillo, Jr., Partner, Risk Assurance & Advisory and National Leader: Information Assurance & Cybersecurity at Cherry Bekaert | November 30, 2018
Strengthening Assurance for Non-financial Information
People need reliable corporate information to decide if they will invest, buy products or sign an employment contract—Non-financial corporate information is essential to get the full picture of a company’s performance, which financial information...
by Vita Ramanauskaite, Advisor, Accountancy Europe | October 22, 2018
Guide to Using ISAs in the Audit of SMEs, Fourth Edition
Dawn McGeachy, Accounting & Assurance Partner at Colby McGeachy Professional Corporation and IFAC Small and Medium Practices Committee member, provides an update on the Guide to Using ISAs in the Audit of SMEs, Fourth Edition .
by Dawn McGeachy, Principal, Colby McGeachy Professional Corporation | October 9, 2018
Enhancing Audit Documentation
Ed Fox, Global Head–Audit Quality at Grant Thornton International, discusses the findings from external regulators on the quality of audit documentation and provides his recommendations on how firms can address re-performance requirements, timing...
by Ed Fox, Global Head-Audit Quality, Grant Thornton International | October 2, 2018News and Resources
There are 2023 news/resources
Guide to Using International Standards on Auditing in the Audits of Small- and Medium-Sized Entities, Fourth Edition
IFAC - July 25, 2018
ISA 540 (Revised) Slide Decks
International Auditing and Assurance Standards Board - January 18, 2019
IOSCO Report on Good Practices for Audit Committees in Supporting Audit Quality
IOSCO - January 17, 2019
Thinking Small First: Towards Better Auditing Standards for the Audits of Less Complex Entities
ACCA - January 7, 2019
Emerging Technologies: An Oversight Tool for Audit Committees
Center for Audit Quality - January 7, 2019
How to Audit the Cloud
ICAEW - December 17, 2018
ISA 540 Revised: Key Concepts & Changes, Opinion
Accountancy SA Magazine - December 13, 2018Get The Latest. Sent twice monthly.
