Recently Issued Auditing and Attestation Standards: Information and Resources

This is an exciting time in the auditing and attestation space. Standards are changing to keep up with today’s business environment. To set you up for success, we gathered all the AICPA’s valuable resources and information on these new auditing standards in one place. Check back often to find the latest resources. Understanding the Entity […]

Don’t Forget! IAASB’s Revised AUP Standard Becomes Effective as of January 1, 2022

greed-upon procedure (AUP) engagements are widely used in many jurisdictions. Demand for AUP engagements continues to grow, particularly related to needing increased accountability around funding and grants. Changes in regulation have also driven increased demand for AUP engagements, especially from smaller entities, as increased audit exemption thresholds in some jurisdictions prompt stakeholders to look for […]

New audit standards ensure high quality: Expert

New international audit standards, which will be effective from December 15, 2022, are expected to usher in a complete paradigm shift in the profession’s approach to audit quality, says the global head of a leading accounting and consultancy network. The International Standards on Quality Management will require audit firms to adopt a proactive risk-based approach […]

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