In June 2012 an Invitation to Comment was published by the IAASB, asking for feedback on a range of proposed changes to the structure and content of the auditor’s report, aiming to enhance its usefulness for decision making. In July 2013 an Exposure Draft was issued which specifies the revisions planned to be made to a suite of International Standards on Auditing (ISAs), changes that will mark a substantial change in the way that auditors report their findings. This podcast provides a summary of the main issues featured in the Invitation to Comment.
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