What's New (May, 2008)
Survey results of audit engagements of financial statements reported
May 21,2008
This survey of audit engagements of financial statements was conducted based on the summary of engagements reports submitted by audit firms to February 28, 2008. The survey covers the audits of financial statements for the fiscal year ended March 2007. The results include the number of personnel involved, hours spent, and audit fees, broken down by revenue levels and industries. The report is available in Japanese only.
JICPA publishes Report on Audit of Securitized Instruments
May 21,2008
JICPA published the report, on March 26, 2008, in order to alert auditors about the appropriateness of valuation and adequacy of disclosures of securitized instruments. This document is available in Japanese only.
JICPA responded to IAASB Proposed Pronouncements
May 2,2008
On April 30th, 2008, the JICPA submitted comments on Exposure Draft of International Auditing and Assurance Standards Board (IAASB);
 |
ISA 265, "Communicating Deficiencies in Internal Control" www.hp.jicpa.or.jp/specialized_field/files/4-48-265-2-20080430.pdf  (pdf・4P・22KB) |
|
ISA 402(Revised and Redrafted), "Audit Considerations Relating to an Entity Using a Third Party Service Organization" www.hp.jicpa.or.jp/specialized_field/files/4-48-402-2-20080430.pdf (pdf・3P・17KB) |
Adobe Reader is required to see the PDF data.
