Bulletproof Your AFS for Audit: The New Rules of Going Concern
Are your financials tough enough to survive an audit? With ISA 570 tightening the screws on going concern, accountants can no longer rely on vague forecasts or hopeful assumptions. This article breaks down what’s changing, what auditors will now expect, and how you can bulletproof your AFS before audit season hits. If your projections can’t stand up to scrutiny, this is your early warning!
Simplifying auditing for Small Businesses: The ISA for LCE
Unveil the ISA for LCE, revolutionising auditing for small entities. Tailored for simplicity, it ensures trust in financial statements. Explore its impact, applicability, and resources at IAASB for a confident transition into this new era of auditing