Group Audits - IAASB
At its meeting on June 19-22, 2017, the IAASB received an update on the activities of the Group Audit Task Force (GATF). The IAASB supported the proposal of the GATF to engage more directly with the QCTF, ISA 220 TF and ISA 315 (Revised) TF, to help ensure that the requirements in those standards provide appropriate connection points between those projects and ISA 600. The IAASB also supported the proposal of the GATF to publish a short project update and asked the GATF to consider topics that are related to standards not under revision, for example, materiality and audit evidence.
Review the summary including the podcast on the IAASB's Web site.