This Guide was commissioned by the IFAC Small and Medium Practices (SMP) Committee to assist practitioners on the audit of small- and medium-sized entities (SMEs) and to promote consistent application of the International Standards on Auditing (ISAs). The Guide, while developed by the Canadian Institute of Chartered Accountants (the CICA), is the full responsibility of the IFAC SMP Committe…
This handbook contains references to International Accounting Standards (IASs) and International Financial Reporting Standards (IFRSs). Unless otherwise indicated, references to IASs and IFRSs are to the IASs and IFRSs in effect at the date of preparing a pronouncement. Accordingly, readers are cautioned that, where a revised IAS or IFRS has been issued subsequently, reference should be mad…