The Auditing Practices Board has today published a compendium of the following standards and guidance:
- Ethical Standards for Auditors, including Provisions Available for Small Companies
- International Standards on Auditing (ISAs) (UK and Ireland)
- International Standard on Quality Control (ISQC) (UK and Ireland) 1
- Revised Statement 'The Auditing Practices Board - Scope and Authority of Pronouncements
Richard Fleck, Chairman of APB, commented:
'The new auditing and ethical standards for auditors strengthen existing requirements for audits and will help ensure public confidence in financial reporting and the role of auditors. I urge auditors to ensure they fully understand the new standards and take the necessary steps to implement them effectively.'
The compendium may be obtained (price 40...