We comment on a proposed auditing standard
21 Aug 2007
Deloitte has recently submitted a Letter of Comment to the International Auditing and Assurance Standards Board (IAASB) on proposed International Standard on Auditing 250 The Auditor's Responsibilities Relating to Laws and Regulations in an Audit of Financial Statements.
We are supportive of the development of this guidance and believe that the overall redrafting of the proposed standard was completed in accordance with the clarity conventions and criteria adopted by IAASB.
Click to view our Comment Letter (PDF 42k).