Agreed-Upon Procedures – IAASB

Date recorded:

At its meeting on September 17-21, 2018, the IAASB approved the ED of ISRS 4400 (Revised) for public exposure. In finalizing the ED, the Board agreed that independence is not required for an AUP engagement and that the AUP report would include statements addressing circumstances when the practitioner is (or is not) required to be independent, and whether the practitioner is (or is not) independent. The ED will be issued in early November with a 120 day comment period.

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

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