Archive for November, 2021

Identifying and assessing quality risks under the new ISQM 1

Posted by on 29 November, 2021
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ISQM 1 brings new requirements which will require audit firms to take a proactive, risk-based approach to quality management.

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International Technical Updates November 2021

Posted by on 19 November, 2021
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Our roundup of regulatory news.

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International Technical Updates November 2021

Posted by on 19 November, 2021
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Our roundup of regulatory news.

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How auditing should reflect the pandemic

Posted by on 8 November, 2021
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Audit files need to reflect the challenges and uncertainties of the pandemic. Peter Herbert suggests key areas of focus, including impairment, materiality, letters of support, COVID-19 support schemes, information produced by the entity and professiona…

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Views on local audit reform and the Redmond Review

Posted by on 8 November, 2021
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More must be done to improve the quality of local authority financial reporting and audit.

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