Developments of interest this week are outlined.
ROI
- Irish Auditing and Accounting Supervisory Authority (IAASA) published its "Desktop survey – disclosures of the new accounting standards in issuers’ 2016 annual financial statements”. The press release and report can be viewed here.
- The CRO have issued their regular newsletter.
UK
- The Financial Reporting Council (FRC) has appointed Mary Cleary to the Audit and Assurance Council and John Hitchins to the Conduct Committee.
- The FRC has published a factsheet on non-financial reporting that provides an overview of the new regulations implementing the EU Directive on non-financial and diversity information.
- The FRC notes evidence of improving audit quality and a commitment to continuous improvement.
International