19 December 2011: IAASB issues guidance on auditing financial instruments
Posted by mostafa on 19 December, 2011
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The International Auditing and Assurance Standards Board (IAASB) has released International Auditing Practice Note (IAPN) 1000, ‘Special Considerations in Auditing Financial Instruments’, to provide practical assistance to auditors when addressing valuation and other considerations pertaining to financial instruments.