Higher audit standards working but misconceptions among users
The FMA found key audit matter reporting did not turn out to be “the end of the world” some auditors were expecting.
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Audit quality has been lifted by new standards that came in a year ago but some audit report users are misconstruing why the extra information is there.
From the start of this year, auditors had to provide details on the key audit matters (KAMs) they think are most significant, and what they
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Calida Smylie
Tue, 12 Dec 2017
Tue, 12 Dec 2017
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Higher audit standards working but misconceptions among users
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