This update was first published in the January 2012 International edition of Accounting and Business magazine.
The International Auditing and Assurance Standards Board (IAASB) has announced its intention to undertake a post-implementation review of clarified International Standards on Auditing. Responses are requested by 31 October 2012.
Yvonne Lang, director, and Kern Roberts. associate director, Smith & Williamson, www.smithwilliamson.co.uk