Auditing and Assurance Standards and Guidance

Auditing Standards (Ireland)

FRC ISAs (UK and Ireland) applicable for periods beginning on or after 15 December 2010 but before 17 June 2016

ISA (UK and Ireland) 260 Communication with those charged with governance

ISA (UK and Ireland) 260 applicable for periods ending on or after 15 December 2010
Application and Other Explanatory Material
Matters to Be Communicated
Significant Findings from the Audit (Ref: Para. 16 )
Significant Difficulties Encountered during the Audit (Ref: Para. 16(b) )
A18.Significant difficulties encountered during the audit may include such matters as:
 dotbulletSignificant delays in management providing required information.
 dotbulletAn unnecessarily brief time within which to complete the audit.
 dotbulletExtensive unexpected effort required to obtain sufficient appropriate audit evidence.
 dotbulletThe unavailability of expected information.
 dotbulletRestrictions imposed on the auditor by management.
 dotbulletManagement's unwillingness to make or extend its assessment of the entity's ability to continue as a going concern when requested.
 In some circumstances, such difficulties may constitute a scope limitation that leads to a modification of the auditor's opinion.7
7 ISA (UK and Ireland) 705, "Modifications to the Opinion in the Independent Auditor's Report."
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