ACCA welcomes proposed EU adoption of ISAs
08 July 2009
“Modernising auditing standards will be beneficial to the auditing profession because it will mean a consistency of approach across the EU.”
“Modernising auditing standards will be beneficial to the auditing profession because it will mean a consistency of approach across the EU”, says David York, head of auditing practice at ACCA.
The consultation is seeking the views of preparers, users, and public authorities as well as auditors. There are important 'how' and 'when' questions asked about adoption, including whether, as ACCA believes, ISAs should be adopted for all statutory audits, including those of small companies.
The deadline for comments is 15 September 2009
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