Author archives: admin

This guide was developed by the Audit and Assurance Faculty with the Business Law Department in July 2020 and is based on the relevant laws and regulations that apply as at 1 July 2020.

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

Our roundup of regulatory news.

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…

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…

A comprehensive list of standards and guidance covering external assurance engagements. Find out which standards apply for engagements by subject area, as well as information on individual standards and the practical application of guidance to assuranc…

This guide is designed to explain the main changes that are needed to the separate audit reports of a group and parent company compared to that of a company only.

This webpage considers some FAQ on the new International Standard on Assurance Engagements (UK) 3000 (July 2020): Assurance Engagements Other Than Audits Or Reviews Of Historical Financial Information published by the Financial Reporting Council (FRC) …

The 2021 Training Providers’ Meeting included presentations and Q&A panels on upcoming revisions to ISAs UK and a monitoring session covering recent areas of focus

Alex Russell, Technical Manager, Audit Practice & Regulation at the Audit & Assurance Faculty explains why auditors will need to start thinking about risk differently.