IAASB Issues New Non-Authoritative Guidance on Fraud in an Audit of Financial Statements
May 05, 2022
On May 5, 2022, the International Auditing and Assurance Standards Board (IAASB) released non-authoritative guidance, "The Fraud Lens – Interactions Between ISA 240 and Other ISAs". The guidance illustrates the relationship and linkages between International Standard on Auditing (ISA) 240, "The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements", and other ISAs when planning and performing an audit engagement and reporting thereon.
Review the press release and guidance on the IAASB's website.
