This Solomon Hare technical digest provides an update on relevant guidance for auditors issued in the six months to June 2004.
1 Auditing Practices Board (APB)
On 6 May 2004, the APB published a Press Notice indicating its intention to adopt International Auditing Standards for 2005, and to publish 29 exposure drafts. These were duly published in June 2004. Comments are requested by 15 September 2004.
In January 2004, the APB issued two updates to existing guidance:
- APB Practice Note 25 - 'Attendance at stocktaking'
- APB Bulletin 2004/1 - Auditors' association with preliminary announcements
2. International Aud...