Have your say CPAs: AASB Invitation to Comment – Enhancing Audit Quality in the Public Interest – A Focus on Professional Skepticism, Quality Control and Group Audits
How does audit quality affect you? The AASB has issued an Invitation to Comment on the IAASB’s consultation, which explores how to enhance audit quality. Stakeholders are encouraged to submit their comments by April 15, 2016. (As reported by The Standard)
Respondents are asked to email their comment letters (in a Word
This Invitation to Comment reflects preliminary suggestions made by the International Auditing and Assurance Standards Board (IAASB).
Individuals and organizations are invited to send written comments on the Invitation to Comment preliminary suggestions.
Comments are requested from those who agree with the Invitation to
Comment as well as from those who do not.
Comments are most helpful if they are related to a specific paragraph or group of paragraphs.
Any comments that express disagreement with the preliminary suggestions in the Invitation to Comment should clearly explain the problem and include a suggested alternative, supported by specific reasoning.
All comments received by the AASB will be available on the website shortly after the comment deadline, unless confidentiality is requested.
The request for confidentiality must be stated explicitly within the response.
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