UK FSA: code of practice for the relationship between the external auditor and the supervisor

Comments from ACCA to the Auditing Practices Board, October 2010

Going concern - who is responsible?

During the period of difficult economic conditions that has engulfed the World’s economy and the banking and financial sectors in particular from approximately 2007 onwards, the media and the general public appeared to have become more sensitive about going concern assertions included in companies’ financial statements and auditor’s reports.

Proposals relating to International Auditing Practice Statements (IAPSs)

Comments from ACCA to the International Auditing and Assurance Standards Board (IAASB), February 2011.

APB: Practice Note 11, the audit of charities in the United Kingdom

Comments from ACCA to the Auditing Practices Board 2011

APB: Practice Note 27, the audit of credit unions in the United Kingdom

Comments from ACCA to the Auditing Practices Board 2011

SIR 2000 'Investment reporting standards applicable to public reporting engagements on historical financial information

Comments from ACCA to the Auditing Practices Board, 26 November 2010

APB: ISA (UK and Ireland) 700, the auditor's report on financial statements (revised)

Comments from ACCA to the International Auditing Practices Board, 26 November 2010

ISA 610 (revised) using the work of internal auditors (with ISA 315)

Comments from ACCA to the International Auditing and Assurance Standards Board (IAASB), November 2010

Law Society/Solicitors Regulation Authority

Three independent bodies are responsible for regulation, complains handling and representation for solicitors.

Miscellaneous audit guidance

Audit guidance, including the POBAL Reconciliation Guidance and Directive 2006/43/EC on statutory audits

Grant claim forms

Guidance on grant claims procedures and a sample employment auditors certificate

APB issues revised guidance on smaller entity audit documentation

APB’s updated Practice Note 26 provides guidance and examples on how the documentation requirements contained within ISAs can be applied to smaller entity audits.

Value regained: restoring the role of audit in society (2)

ACCA, 2010. A summary of a round-table discussion in Singapore, 2 November 2009, aimed at generating ideas, debate and recommendations about the role of audit.

Audit working papers

Requests for audit working papers from PCAOB should be refused.

A review of Italian and UK Company Law

ACCA, July 2009 (3rd edition). A joint study by Consiglio Nazionale dei Dottori Commercialisti e degli Esperti Contabili and ACCA. This booklet has been prepared as an introduction to the basic elements of company law in the UK and Italy. It will, hopefully, prove of interest to accountants and businesspeople with cross-border interests as well as to other students of European company law.

Practice Note 23: auditing complex financial instruments (revised)

Comments from ACCA to the Financial Reporting Council (FRC), March 2009

Auditors' limitation of liability

From 6 April 2008 new provisions introduced by the Companies Act 2006 enable auditors to limit their liability in respect of statutory audit work carried out for a company by entering into specific agreements with their clients.