You can also read about the obligations placed on both you and us:

  • in the UK, where we’re a Recognised Supervisory Body (RSB) and Recognised Qualifying Body (RQB) under the Companies Act 1989; and 
  • in the Republic of Ireland, where we license and regulate auditors under the Companies Act 1990.

Further information regarding how ACCA assesses ISAs as part of a monitoring review and the importance of closing meetings has been designed to assist practices in understanding ACCA’s monitoring approach. ACCA also provides regular updates on common issues that have been identified in recent months.