Audit and assurance
ICAS calls for LCE audit standard
Anne Adrain, ICAS Head of Sustainability and Assurance, summarises the main revisions to the UK Going Concern standard.
Audit should be part of holistic review
ICAS has submitted its response to the CMA on the large company audit market in the UK. Our response to Sir John Kingman’s review of the FRC and previous ICAS publications informed our submission. Our key messages to the FRC are set out below.
ICAS response to FRC’s (ISA) 240 ED
We highlight the ICAS response to the FRC on its proposed revised ISA (UK) 240 on the auditor's responsibilities relating to fraud
Going concern guidance for auditors
We highlight the going concern guidance for auditors ‘Covid-19 and Beyond’ issued by ICAS in December 2020.
FRC to revise fraud standard
We highlight the FRC’s proposals to revise International Standard on Auditing (ISA) (UK) 240.
Climate change risks in audits
Recent guidance from the IAASB on the consideration of climate-related risks in an audit of financial statements.
ESEF tagging of accounts
Big changes come into effect for listed entities with effect from 1 January 2020 with a new EU requirement for accounts to be published in electronic format.
10 computer-hacker terms
Hacking with the objective of financial gain or some subversive political motive is very topical.