Our Financial Reporting Expert Group contributed to our response to the IAASB consultation 'Proposed Changes to the International Standards on Auditing (ISAs) – Addressing Disclosures in the Audit of Financial Statements'. We noted that the proposed changes could exacerbate current challenges and supported the improvement of existing disclosures. We also noted that we do not support changes which would increase the length of an auditor’s checklist.
QCA Response to IAASB – Proposed changes to ISAs
Our Financial Reporting Expert Group contributed to our response to the IAASB consultation 'Proposed Changes to the International Standards on Auditing (ISAs)–Addressing Disclosures in the Audit of Financial Statements'.