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 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.

Updated IFAC guide to the audit of SMEs

  • IFAC (International Federation of Accountants) (lt gray) Image

19 Oct 2010

The Small and Medium Practices (SMP) Committee of the International Federation of Accountants (IFAC) has published the second edition of its Guide to Using International Standards on Auditing (ISAs) in the Audit of Small- and Medium-sized Entities.

The implementation guide is intended to help practitioners understand and efficiently apply the Clarified International Standards on Auditing (ISAs), which are effective for audits of financial statements for periods beginning on or after 15 December 2009.

Click for IFAC press release (link to IFAC website). The guide may be Downloaded from IFAC's website.

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.