Our Financial Reporting Expert Group helped us to respond to Financial Reporting Council's (FRC) call for comment on the IAASB's exposure draft of revised auditing standard on the auditor’s responsibilities. We noted that the impact of the revised standard on our members should not be great given that most of the changes were already anticipated by the FRC last year when it revised ISA 720 (UK and Ireland).
QCA Response to the FRC's Call for Comment on the IAASB's Exposure Draft of the Revised Auditing Standard on the Auditor’s Responsibilities
Our Financial Reporting Expert Group helped us to respond to Financial Reporting Council's call for comment on the IAASB's exposure draft of the revised auditing standard on the auditor’s responsibilities.