IAASB finds ISAs generally well understood
Posted by mostafa on 22 July, 2013
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The International Auditing and Assurance Standards Board (IAASB) has released a report of the results of its post-implementation review process on the ‘clarified’ International Standards on Auditing (ISAs). The findings of the review suggest the clarified ISAs are generally understood and most of those ISAs that had been revised appear to have achieved the goals that the IAASB had when they were revised.