The International Auditing and Assurance Standards Board (IAASB) today released its First-Time Implementation Guide for ISA 315 (Revised 2019), Identifying and Assessing the Risks of Material Misstatement. The guide focuses on the more substantial changes that were made to International Standard on Auditing (ISA) 315 (Revised 2019) and will help stakeholders understand and apply the revised standard as intended.

ISA 315 (Revised 2019) is effective for audits of financial statements for periods beginning on or after December 15, 2021. This publication does not amend or override ISA 315 (Revised 2019), the text of which alone is authoritative. Reading this publication is not a substitute for reading the standard.

This guide focuses on the more substantial changes that were made to International Standard on Auditing 315 (Revised 2019) and will help stakeholders understand and apply the revised standard as intended. ISA 315 (Revised 2019) is effective for audits of financial statements for periods beginning on or after December 15, 2021.

This publication does not amend or override ISA 315 (Revised 2019), the text of which alone is authoritative. Reading this publication is not a substitute for reading the standard.

This non-authoritative Frequently Asked Questions publication addresses some of the common questions related to reporting going concern matters in the auditor’s report. Specifically, the publication focuses on the use of and interrelationship of the Material Uncertainty Related to Going Concern and Key Audit Matters sections, and the Emphasis of Matter paragraphs, in an auditor’s report prepared in accordance with the International Standards on Auditing (ISAs).

A global framework for public sector sustainability reporting is needed to avert climate disaster and achieve the UN SDGs. Join the IPSASB for a webinar on Advancing Public Sector Sustainability Reporting in the public sector.

The International Auditing and Assurance Standards Board (IAASB) today published its Public Report detailing its support for the public interest for the year ended December 31, 2021. During this 12-month period, the IAASB approved the final revised standard on group audits, agreed its Work Plan for 2022-2023 that included a dedicated workstream on enhanced sustainability assurance standards, and developed and implemented its Framework for Activities, among other actions.

The year 2021 also included the transformational milestone of launching IAASB’s first fully digital handbook, in collaboration with the International Federation of Accountants. The new online platform, e-International Standards (eIS), highlights the IAASB’s commitment to improving the usability of, and access to, its standards by harnessing technology.

The IAASB Public Report details progress to support the public interest for the year ended December 31, 2021. It explains how the IAASB accelerated efforts in 2021 to serve the public interest in audit and assurance. In doing so, the IAASB focused on topics that have generated the greatest public interest attention, including fraud, going concern, audit evidence, and assurance on sustainability reporting.

Un cadre mondial pour les rapports sur la durabilité du secteur public est nécessaire pour éviter les catastrophes climatiques et atteindre les Objectifs de Développement Durables des Nations Unies.

Rejoignez-nous pour :

Se necesita un marco global para la presentación de informes de sostenibilidad del sector público para prevenir el cambio climático y lograr los Objetivos de Desarrollo Sostenible de las Naciones Unidas.

Únase al seminario web del IPSASB sobre el documento de consulta Fomentar la Presentación de Informes de Sostenibilidad en el Sector Público para:

Conocer lo que el IPSASB considera que es necesario para comenzar a desarrollar un marco para el sector público.