Ian Connon MA FCA  – BDO LLP

Implementing GAAS (Generally Accepted Auditing Standards) authored by Ian Connon at BDO is the essential annual guide to auditing and reporting in the UK. The guide provides practical, up-to-date and extensive commentary on the application of all audit related standards and guidance issued by the FRC as well as guidance issued by other authoritative bodies such as the ICAEW.

The guide includes:

  • guidance on ISA (UK) 540 (Revised December 2018) Auditing Accounting Estimates and Related Disclosures;
  • proposals for the revision of ISA (UK) 570 Going concern;
  • guidance issued by the FRC regarding group audits, audit reports and the extent to which audits are capable of detecting irregularities;
  • discussion of the corporate governance regime for listed and large private companies;
  • findings of the FRC regarding auditors’ work in relation to other information in the annual reports of listed companies and the thematic review in relation to going concern and viability; and
  • changes to Solicitors’ Accounts Rules and FRC findings on the audit of pension schemes.