Auditing Standards - Practical Implementation

The Financial Reporting Council overhauled the suite of UK auditing standards as a result of a post-implementation review of its 2016 standards and wider calls to strengthen requirements placed upon auditors.

This course looks at the practicalities of implementing changes these changes.

The revisions to the auditing standards are effective for audits of financial statements with periods commencing on or after 15 December 2019.

The key areas affected are:

• Ethical Standard
• Going Concern
• Accounting Estimates
• Laws and regulations
• Groups
• Audit reports
• Other information