ISA 240R/ ISA 570R- standard updates (Training Remedial)

This course provides a concise overview of the key changes introduced by ISA 240 (Revised) and ISA 570 (Revised). It highlights enhanced auditor responsibilities relating to fraud and going concern, increased expectations around professional scepticism, more robust risk assessment, audit responses, documentation, and reporting and what auditors need to do differently in practice to comply with the revised standards.