Auditing roundtable

By addressing the public interest matters highlighted in Section III of this project proposal, the IAASB will contribute to improving the proficiency of auditors in undertaking an audit in circumstances where the audit is considered to be less complex, in particular for those auditors where all or most of their audits are for less complex entities

One of the expected outcomes of the [draft] audit standard is clarity about the applicability and relevance of the requirements for situations where audits are less complex

This would have the impact of focusing the auditor on undertaking targeted procedures that are appropriate to the

In this project proposal, an audit refers to an audit of financial statements

Exploring Possible Options addressing the Challenges in Applying the ISAs, which was published in April 2019

In December 2019, the IAASB discussed the responses to the DP