Guidance in relation to audit experience and impending Brexit

Jan 31, 2019

As we are all facing Brexit and the uncertainty this creates, the Institute has written to training firms to advise them regarding the specific implications for trainees in relation to audit experience and potential audit rights post Brexit should a no deal Brexit arise.  

Should a final agreement along the line of the proposed Brexit/EU agreement be in place, the good news is that the current regime (status quo) will effectively remain in place and provide an opportunity to agree new arrangements.  However this appears to be unlikely at this time.

Read the letter sent to training firms.