International Standard on Auditing for Audits of Financial Statements of Less Complex Entities
This Approach Statement for maintaining the ISA for LCE operationalizes a process that is both effective and efficient, while ensuring transparency and consistency. The Approach sets out the context, purpose, process, responsibilities, output and timing for maintaining the ISA for LCE.
The 2024 IESBA-IAASB Annual Report highlights a pivotal year as both Boards advanced high-quality global ethics, audit, and assurance standards in support of stronger trust, transparency, and sustainability reporting worldwide. Featuring key messages from the Chairs, the 2024 report showcases major milestones in standard setting, global adoption, and stakeholder engagement.
International Standard on Quality Management (ISQM) 1, Quality Management for Firms that Perform Audits or Reviews of Financial Statements, or Other Assurance or Related Services Engagements
International Standard on Auditing 600 (Revised), Special Considerations—Audits of Group Financial Statements (Including the Work of Component Auditors)
As part of the IAASB’s Technology Position, ongoing gap analyses are conducted to ensure standards keep pace with technological developments. The findings of these analyses are captured in this Catalog of Issues and Possible Actions.
