Tag Archives: IAASA

Ethical matters: Change is coming to auditing standards in Ireland

In July, the Financial Reporting Council (FRC) in London issued a consultation on proposed changes to the UK’s Ethical and Auditing Standards. It closed on September 27, 2019. The consultation is expected to introduce revisions that will see tougher regulations on audit independence and the provision of non-audit services. Any changes that are approved will… Read More


Image for Audit blog.jpg

Negative Audit Opinion Wording – Potential for Confusion

Readers may have heard by now that there is a new audit reporting requirement about going concern contained in a new style of audit opinion.  For companies and credit unions with a reporting period commencing on or after 17 June 2016 (in effect 30 June 2017 year-ends onwards), auditors must now include a specific conclusion… Read More