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Quality Control at the Engagement Level – IAASB

Date recorded:

At its meeting on September 17-21, 2018, the IAASB discussed a draft ED of proposed ISA 220 (Revised) and was supportive of the proposed changes. The discussions focused on whether changes were needed to the objective of the standard and the wording of the requirement regarding the engagement partner being “sufficiently and appropriately involved.” The Task Force plans on presenting the ED of proposed ISA 220 (Revised) for approval by the Board at the December 2018 meeting.

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

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