Practice Aids for Audits Performed Under International Standards

In an increasingly global economy, many auditors must be able to address the needs of clients with international reach, often requiring an expanded set of skills and resources. Many jurisdictions mandate that financial statements be prepared using International Financial Reporting Standards (IFRS) and that the audits of those financial statements be conducted in accordance with International Standards on Auditing (ISAs) or auditing standards generally accepted in the United States (US GAAS). PPC'S Practice Aids for Audits Performed Under International Standards are designed to comply with the requirements of both the ISAs and US GAAS, providing the tools you need to correctly perform these audits in an effective and efficient manner.

These Practice Aids are specifically tailored for use on audits performed under international standards, including:

• Streamlined audit programs, checklists, and letters tailored for audits performed in accordance with the ISAs and US GAAS that follow the PPC audit approach.
• Tailored disclosure checklists for entities reporting under either IFRS or IFRS for Small and Medium Entities (IFRS for SMEs).
• Common auditor's report examples for audits performed in accordance with the ISAs and/or US GAAS.
• References to the underlying professional literature.

PPC'S Practice Aids for Audits Performed Under International Standards is authored by respected internal and external practice experts with decades of practice experience, ensuring that you are receiving the most accurate and relevant guidance possible.