IAASB Publishes Final Amendments for Auditor Reporting on Special Purpose Financial Statements

On 7 January 2016, the International Auditing and Assurance Standards Board (IAASB) published amendments to the International Standards on Auditing (ISA) for auditor reporting for special purpose financial statements. These include ISA 800 (Revised), Special Considerations—Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks, and ISA 805 (Revised), Special Considerations—Audits of Single Financial Statements and…