FINANCIAL REPORTING

摘要

Two out of three auditors have not yet started to prepare for the new International Standards on Auditing, which become mandatory for accounting periods ending on or after 15 December 2010, according to research. Some practices are taking the opportunity to review the services they offer and one in 10 is considering withdrawing from offering auditing services to clients, says the survey by tax and accounting information group CCH. The new ISAs are being introduced following the Clarity Project carried out by the International Auditing and Assurance Standards Board.