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There may yet be hope for investors - Proposals to disclose more in audit reports
accelriskconsult
#1 Posted : Friday, July 13, 2012 3:17:07 PM
Rank: Member

Joined: 4/2/2011
Posts: 629
Location: Nai
The IAASB has new proposals that could see auditors give more information on a company's financial statements in the audit report.

Please see link for the proposed changes.http://www3.cfo.com/article/2012/6/auditing_auditors-report-iaasb-ifrs-financial-statements-goodwill-accounting?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+cfo%2Fdaily_briefing+%28Latest+Articles+from+CFO.com%29

IMO this is long overdue.
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