Accounting and Auditing Update
Over the last four months
Have Engagements Performed under International Standards? New QM Standards Require Attention!
The International Auditing Assurance Standards Board (IAASB) has also issued new and revised QM standards that have an effective date of December 15, 2022, which is three years earlier than the comparable U.S. standards.
Environmental, Social, and Governance Matters – What You Need to Consider
Sustainability reporting is increasingly on the minds of investors, regulators, and other interested parties. Demand for environmental, social and governance (ESG) information is high and constantly changing.
AICPA Proposes Revisions to Audits of Group Financial Statements
In March 2022, the AICPA’s Auditing Standards Board (ASB) issued a proposed Statement on Auditing Standards that would supersede AU-C 600, Special Considerations-Audits of Group Financial Statements (Including the Work of Component Auditors), and amended numerous other auditing, attestation, and quality management standards, including certain proposed standards.
2022 Past Issues