APB Publishes Compendium of Standards and Guidance 2012
The Auditing Practices Board (APB) of the Financial Reporting Council (FRC) has published its compendium of “Standards and Guidance 2012”.
This may be obtained (price £58.00, post free) from FRC Publications, 145 London Road, Kingston upon Thames, Surrey KT2 6SR. Telephone 020 8247 1264. Website: www.frcpublications.com.
The compendium includes the amendments to the Ethical Standards for Auditors that were issued in December 2011 and the revised Standard for Investment Reporting (SIR) 2000, Investment Reporting Standards Applicable to Public Reporting Engagements on Historical Financial Information, issued in March 2011.
In addition, the references in the International Standards on Auditing (ISAs) (UK and Ireland) to the International Federation of Accountants’ Code of Ethics for Professional Accountants (the IFAC Code) have been amended to recognise that that Code is now known as the International Ethics Standards Board for Accountants’ Code of Ethics for Professional Accountants (the IESBA Code).
Corresponding changes have been made to the individual standards on the APB’s website.