ISA 600 (Revised) – Special Considerations: Audits of Group Financial Statements (Including the Work of Component Auditors)

The International Auditing and Assurance Standards Board (IAASB) had, through the issuance of the Invitation to Comment (ITC) Paper, Enhancing Audit Quality in the Public Interest: A Focus on Professional Skepticism…

Practice Review’s Key Findings on Acceptance and Continuance of Client Relationships and Specific Engagements

The following are some of the key findings from practice review related to the audit firm’s implementation of one of the elements of quality control (ISQC 1), which is “client acceptance and continuance relationships”.