Audits of Less Complex Entities - have your say...

The International Auditing and Assurance Standards Board (IAASB) has issued a Discussion Paper considering the challenges of applying the International Standards on Auditing (ISAs) in the audits of “less complex entities”, and how these might be addressed. The Discussion Paper is open for comment until 12 September 2019. As an alternative to commenting on the Discussion Paper itself, small and medium-sized practitioners who audit less complex entities can complete a five-minute survey (although I suspect it might actually take slightly longer than five minutes) to let the IAASB know their views. The deadline for completing the survey is also 12 September 2019.

The Discussion Paper and the survey can both be accessed via this link https://mailchi.mp/iaasb/ifac-releases-2017-annual-review-278863?e=2cf3743a78