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July 10, 2011

ICAEW launches ISAs programme

The Institute of Chartered Accountants in England and Wales (ICAEW) has launched a programme on the International Standards of Auditing (ISAs).

The programme is aimed at improving understanding of international audit principles among finance professionals not directly involved with audit.

ICAEW said this would serve accountancy firms who want to ensure that their staff and partners are aware of the principles, as well as universities and other accountancy training institutions, financial controllers, non-executives, directors and other staff working in internal audit departments.

ICAEW director of qualifications, learning and professional development Gavin Aspden said auditing standards are a hot topic at the moment, with the European Commission looking at how clarified ISAs could be best introduced across European Union member states.

“Ensuring there is a broader understanding of the principles behind an audit and the standards followed during an audit are an important part of increasing transparency and raise standards internationally,” Aspden added.


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