National Conference 2021
In this session, the APESB will describe how some of the changes in APES 110 Code of Ethics for Professional Accountants (including Independence Standards) and the 5th Edition of the Independence Guide have provided further clarity in relation to the application of the independence requirements, including those applying to in-house audits.
The ATO will discuss how they intend to monitor compliance with the restructured independence standards, including how auditors can avoid breaching the standards and what to be mindful of when revising current arrangements
At the end of the session, you will be able to:
- Apply the restructured independence standards to their current auditing arrangements;
- Self-assess whether they need to revise their current arrangements, and;
- Understand the independence threats that need to be addressed to avoid further independence issues.
The contents of this resource are taken to be correct at the time of publication.
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