Exposure Drafts and Consultation Papers

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  Published: May 15, 2011

  English

   

  Comments due by:
  Sep 15, 2011

  Find more publications & resources related to:
  IAASB, ISA, auditor reporting

• Enhancing the Value of Auditor Reporting: Exploring Options for Change
  IAASB Consultation Paper

  The consultation paper seeks to determine whether there are common views among users of audited financial statements and other stakeholders about the usefulness of auditor reporting. It describes issues with current financial reporting, including a perceived "information gap," identified by some stakeholders. It then sets out possible options for change and seeks input as to whether such options might be effective in enhancing auditor reporting and the communicative value of the auditor's report.

  Copyright © 2015 The International Federation of Accountants (IFAC). All rights reserved.

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  CP Auditor Reporting-Final (PDF | 1.3 MB)

   

  Submitted Comment Letters

  1. Robert Mednick (United States)
  July 7, 2011

  2. Chris barnard (Germany)
  July 18, 2011

  3. FEI Canada (Canada)
  September 1, 2011

  4. National Audit Office (Malta)
  September 7, 2011

  5. SAICA (South Africa)
  September 12, 2011

  6. Auditor General of Québec (Canada)
  September 13, 2011

  7. CGA-Canada (Canada)
  September 13, 2011

  8. Malaysian Institute of Accountants (Malaysia)
  September 13, 2011

  9. Australasian Council of Auditors-General (ACAG) (Australia)
  September 14, 2011

  10. New York State Society of Certified Public Accountants (United States)
  September 14, 2011

  11. Auditing and Assurance Standards Board (Australia)
  September 15, 2011

  12. CPA Australia (Australia)
  September 15, 2011

  13. Chamber of Hungarian Auditors (Hungary)
  September 15, 2011

  14. FSR - danske revisorer (Denmark)
  September 15, 2011

  15. Finanstilsynet, The Financial Supervisory (Norway)
  September 15, 2011

  16. International Association of Insurance Supervisors (Switzerland)
  September 15, 2011

  17. The Japanese Institute of Certified Public Accountants (Japan)
  September 15, 2011

  18. ACCA (United Kingdom)
  September 16, 2011

  19. AICPA (United States)
  September 16, 2011

  20. ASSIREVI (Italy)
  September 16, 2011

  21. Auditing and Assurance Standards Board (Canada) (Canada)
  September 16, 2011

  22. Australian Institute of Company Directors (Australia)
  September 16, 2011

  23. BlackRock, Inc. (United States)
  September 16, 2011

  24. Canadian Natural Resources Limited (Canada)
  September 16, 2011

  25. Center for Audit Quality (United States)
  September 16, 2011

  26. Cristian E. Munarriz (Argentina)
  September 16, 2011

  27. ENMAX Corporation (Canada)
  September 16, 2011

  28. Eumedion (Netherlands)
  September 16, 2011

  29. European Banking Authority (United Kingdom)
  September 16, 2011

  30. Far - the Institute for the Accountancy Profession in Sweden (Sweden)
  September 16, 2011

  31. Federal Audit Oversight Authority (Switzerland)
  September 16, 2011

  32. H3C-Haut Conseil du Commissariat aux comptes (France)
  September 16, 2011

  33. Hermes Fund Managers (United Kingdom)
  September 16, 2011

  34. ICAC (Spain)
  September 16, 2011

  35. ICAP (Pakistan)
  September 16, 2011

  36. IFAC - SMP Committee (United States)
  September 16, 2011

  37. Institute of Certified Public Accountant of Rwanda (ICPAR) (Rwanda)
  September 16, 2011

  38. Institute of Internal Auditors (United States)
  September 16, 2011

  39. International Corporate Governance Network (United Kingdom)
  September 16, 2011

  40. New Zealand Auditing and Assurance Standards Board (NZAuASB) (New Zealand)
  September 16, 2011

  41. Pitcher Partners (Australia)
  September 16, 2011

  42. RAMACHANDRAN MAHADEVAN-COMMENTS (India)
  September 16, 2011

  43. RSM International (United Kingdom)
  September 16, 2011

  44. The Hong Kong Institute of Directors (Hong Kong (Special Administrative Region of China))
  September 16, 2011

  45. ZICA-Zambia Institute of Chartered Accountants (Zambia)
  September 16, 2011

  46. Auditor-General of South Africa (South Africa)
  September 19, 2011

  47. BDO (Belgium)
  September 19, 2011

  48. Basel Committee on Banking Supervision (Switzerland)
  September 19, 2011

  49. EFFA (Belgium)
  September 19, 2011

  50. Hong Kong Stock Exchange (China)
  September 19, 2011

  51. KPMG (UK)
  September 19, 2011

  52. Legislative Audit Division Montana (US)
  September 19, 2011

  53. PWC (United Kingdom)
  September 19, 2011

  54. The Hundred Group of Finance Directors (United Kingdom)
  September 19, 2011

  55. US Government Accountability Office (US)
  September 19, 2011

  56. APB Auditing Practices Board (UK)
  September 20, 2011

  57. Institut der Wirtschaftsprüfer in Deutschland e.V. (Germany)
  September 20, 2011

  58. Mazars (France)
  September 20, 2011

  59. HKICPA Hong Kong Institute of Certified Public Accountants (China)
  September 21, 2011

  60. Institute of Chartered Accountants Austrailia (Australia)
  September 21, 2011

  61. Korean Institute of Certified Public Accountants (South Korea)
  September 21, 2011

  62. Deloitte Touche Tohmatsu Limited (United States)
  September 26, 2011

  63. Institute of Certified Accountants of Montenegro (ICAM) (Montenegro (Republic of))
  September 26, 2011

  64. Consiglio Nazionale dei Dottori Commercialisti + Consiglio Nazionale dei Ragionieri e Periti Commerciali (Italy)
  September 29, 2011

  65. The Institute of Chartered Accountants in England and Wales (ICAEW) (United Kingdom)
  October 1, 2011

  66. Canadian Public Accountability Board (Canada)
  October 3, 2011

  67. Compagnie Nationale des Commissaires aux Comptes + Conseil Superieur de l'Ordre des Experts-Comptables (France)
  October 3, 2011

  68. Felicitas Irungu (Kenya)
  October 3, 2011

  69. Fédération des Experts Comptables Européens (Belgium)
  October 3, 2011

  70. Grant Thornton International Ltd (United States)
  October 3, 2011

  71. The Institute of Public Accountants (Australia)
  October 4, 2011

  72. The Chartered Institute of Public Finance and Accountancy (CIPFA) (United Kingdom)
  October 5, 2011

  73. Dubai Financial Services Authority (United Arab Emirates)
  October 6, 2011

  74. Nederlandse Beroepsorganisatie van Accountants (Netherlands)
  October 7, 2011

  75. Baker Tilly UK Audit LLP (United Kingdom)
  October 12, 2011

  76. CFA Institute (United States)
  October 18, 2011

  77. The Institute of Chartered Accountants Scotland (United Kingdom)
  October 21, 2011

  78. European Securities and Markets Authority (France)
  October 24, 2011

  79. Ernst & Young (United Kingdom)
  October 28, 2011

  80. California Public Employees' Retirement System Investment Office (United States)
  November 1, 2011

  81. Auditor General New Zealand (New Zealand )
  November 2, 2011

  82. International Organization of Securities Commissions (Spain )
  November 2, 2011

  Related Resources

  • 2014 Handbook of International Quality Control, Auditing, Review, Other Assurance, and Related Services Pronouncements
  • At a Glance: Exposure Draft, Reporting on Audited Financial Statements: Proposed New and Revised International Standards on Auditing
  • Guidance to Assist in Field Testing of Proposed International Standard on Auditing (ISA) 701, Communicating Key Audit Matters in the Independent Auditor’s Report
  • Reporting on Audited Financial Statements: Proposed New and Revised International Standards on Auditing
  • Proposed International Standards on Auditing (ISAs), ISA 800 (Revised) and ISA 805 (Revised)