Transfer Pricing Associates

Improving the Auditor’s Report

post Wednesday October 10, 2012

Accounting, Free Digital Photos

The IAASB has set a set of proposed amendments to the Auditors Report on which the general public can comment.  It is aimed at improving the quality of the Auditor’s Report and its transparency. The ITC (invitation to comment) will aid the IAASB in future standard setting proposals which emphasizes the importance of understanding about the value and viability of the IAASB’s preferred options for improvement in auditor reporting and how to best affect those changes globally.

Some of the suggested improvements include:

For more detailed information on the proposed amendments, click here.


Image Source: Free Digital Photos


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