Fraud – AASB

Date recorded:

At its meeting on March 7-8, 2022, the AASB provided input to the IAASB members from Canada on issues related to the IAASB’s project to revise ISA 240. Key issues discussed included: (i) identifying and assessing risks of material misstatement due to fraud; (ii) communication with those charged with governance; (iii) transparency in reporting on fraud; and (iv) developing non-authoritative guidance illustrating the relationship between and linkage of ISA 240 and other ISAs.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.