Revised ISAs and Ethical Standard for SME Audits: What You Need to Know

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This webinar provides an overview of the recent changes affecting auditing standards in the UK and their practical implications for the planning and execution of audits of small and medium-sized entities (SMEs). The changes take effect for the audits of periods commencing on or after 17 June 2016.

The webinar focuses on the key changes within:

the Statutory Auditors and Third Country Auditors Regulations 2016
the Revised Ethical Standard 2016; and
revised International Standards on Auditing (ISAs) applicable in the United Kingdom, including ISQC 1 (UK)

In particular, the webinar focuses on the changes to:

ethics and independence rules
auditing disclosures
auditing going concern; and
auditor reporting

The webinar does not focus on the implications for Public Interest Entities (PIEs).

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