Recent Changes to the ISAs
Category: Audit | Duration: 1hr | Tag: VODUK2126 | Type: Video | Speaker: Edward Rands
Three important auditing standards are revised, effective December 2020.
Going concern assessment underpins every audit. ISA 570 is revised to strengthen the audit approach.
ISA 540 (accounting estimates) enhances requirements in an already demanding standard. Its approach displays a roadmap for all areas of the audit.
ISA 700 sees new reporting requirements, including discussion of the ability to detect irregularities.
In this on demand CPD course, Edward Rands of ECR Professional Ltd covers the following topics:
Edward Rands