This factsheet aims at explaining the main impacts of the changes decided by the IFAC, and helping the anticipation of their application, that impacts both the management and those charged with governance and us as auditors.
I. Main changes in the new auditor’s report
II. Focus on Key Audit Matters
III. What does a new auditor’s report look like?
IV. Impacts on management and those charged with governance
V. Additional requirements for European countries”