Regression analysis: Simple Linear Regression Multiple Linear Regression
International Standard on Auditing 600 Exposure Draft Webinar - Group Audits
1. Exposure Draft
ISA 600 – Group Audits
Webinar - August 13, 2020
Len Jui, IAASB Member and Task Force Chair
Josephine Jackson, IAASB Member and Task Force Member
Susan Jones, IAASB Technical Advisor
Jasper van den Hout, IAASB Principal and Lead Staff
Dan Montgomery, IAASB Senior Advisor
2. Overview
Scope
Linkages with Other
Standards
Restrictions on Access
to People and
Information
Planning and Performing
a Group Audit
Engagement
Materiality
Communications with
and Involvement in Work
of Component Auditors
Documentation Other Matters
Page 2 |
9. Questions about Restrictions on Access to People and Information
Page 9
What can be done
about access
restrictions for
equity investments
and non-controlled
entities?
15. Questions about Communications and Involvement with Component Auditors
Page 15
What is the
expected form
and frequency of
communications
with component
auditors?
What form of
conclusion will
be issued by
component
auditors?
17. Questions about Documentation
Page 17
Why did ED-600
exclude the extant
ISA 600 requirement
for an analysis of
components and the
type of work
performed?
19. Other Questions about ED-600
Page 19
Is the 600 series still
the best place for the
revised group audit
standard?
20. Page 20 |
October 2,
2020
Deadline for
comments on ED-600
September
2021
In ED-600 the
IAASB proposes 18
months after
approval of the final
standard
Targeted approval date
of ISA 600 (Revised)
Effective date
– TBD
Way Forward