This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice (http://www2.deloitte.com/ca/en/legal/cookies.html) for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Quality Control at the Engagement Level – IAASB

Date recorded:

At its meeting on June 18-23, 2018, the IAASB discussed a first read of the draft Exposure Draft of ISA 220 (Revised) and was broadly supportive of the direction of the proposed changes. The Board requested the ISA 220 Task Force to align the language in the standard with ISQC 1 (Revised). The Board also discussed the circumstance when there is an individual other than the engagement partner who signs the auditor’s report, either instead of, or in addition to, the engagement partner. The Board concluded that additional research needs to be carried out related to this issue prior to any standard-setting activities commencing.

Review the summary, including the podcast, on the IAASB's Web site.

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.