Author archives: admin

The AQ is a free qualification awarded to eligible ICAEW members.

These resources are intended to help auditors in applying and demonstrating a sceptical mind set in their audits.

Auditors’ judgements on promises of financial support may be easier to make with the assistance of faculty guidance.

File reviews can highlight opportunities to enhance audit quality and effectiveness, particularly when conducted by external reviewers and/or combined with root cause analysis. Auditors share insights and practical tips on how to get the most from them.

Isabelle Campbell shares tips on staying positive under the pressure of the year-end period. Plus a round-up of wellbeing resources from CABA and ICAEW.

Setting audit materiality during the coronavirus crisis can be challenging, with considerations including alternative benchmarks, evaluation of misstatements and increased risk of fraud. Louise Sharp, Technical Manager at the Audit and Assurance Facult…

COVID-19 is having a profound effect on many businesses and we can expect to see this continue into future financial reporting periods. Whether businesses are experiencing a temporary downturn as a result, or more radical changes, COVID-19 is likely to…

In October 2020 the Audit and Assurance Faculty held its first global, virtual, cross-faculty event, Going concern and resilience: lessons learned from COVID-19. It offered answers to some of the big audit and financial reporting questions that auditor…

Our roundup of regulatory news.

John Selwood focuses on some of the many questions around audit reports, going concern and COVID-19 issues.