FRC compendium of Ethical and Auditing Standards 2018

09 March 2018

The FRC has published its compendium of Ethical and Auditing Standards 2018, including those in issue since 1 January 2018: Ethical Standard; International Standards on Auditing (UK); and International Standard on Quality Control (UK) 1.

The compendium also includes the new and revised ISAs (UK) issued in 2016–2017:
 
Revised
Effective for audits of financial statements for periods commencing on or after 15 December 2017:

• ISA (UK) 250 (Revised December 2017) Section A—Consideration of Laws and Regulations in an Audit of Financial Statements
• ISA (UK) 330 (Revised June 2017) The Auditor’s Responses to Assessed Risks

 

New (issued in October 2016)
Effective for audits of financial statements for periods commencing on or after 1 January 2017:

• ISA (UK) 800 (Revised) Special Considerations—Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks
• ISA (UK) 805 (Revised) Special Considerations—Audits of Single Financial Statements and Specific Elements Accounts or Items of a Financial Statement

Full press release

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