Supporting International Standards
Guide to Using International Standards on Auditing in the Audits of Small- and Medium-Sized Entities
Jul 17, 2018 | Guidance & Support Tools
In Progress Translations: Azeri | Hungarian
Small- and medium-sized practices require practical support when implementing the International Standards on Auditing in audits of small- and medium-sized entities. This Guide helps firms efficiently and proportionally apply the ISAs on SME audits and is designed for use by all practitioners.
Now in its fourth edition, the Guide has been updated to reflect changes to the ISAs since previous editions, including International Auditing and Assurance Standards Board (IAASB) projects on auditor reporting, disclosures, auditor responsibilities relating to other information and using the work of internal auditors.
Volume 1 covers the fundamental concepts of a risk-based audit in conformance with the ISAs. Volume 2 contains practical guidance on performing SME audits, including two illustrative case studies—one of an SME audit and one of a micro-entity audit.
Copyright © 2021 The International Federation of Accountants (IFAC). All rights reserved.
You must be signed in to the IFAC website in order to submit a comment. If you do not have an account, please register below. IFAC respects your privacy and will not send you unsolicited email or spam. You can subscribe to IFAC publications, change your subscription preferences, or manage your user profile at any time.
Get the latest updates delivered to your inbox
LOOKING FOR BOARD STANDARDS?
Translations & Permissions
Looking to reproduce the standards for your members? Want to include IFAC's publications in your training materials or university course? Learn how we can help.