JICPA issued Auditing and Assurance Practice Committee Research Report No. 25 "Considerations for Auditors in the event of Inappropriate Accounting Treatments"
April 19, 2012
JICPA issued, on March 22, 2012, the Auditing and Assurance Practice Committee Research Report No. 25, "Considerations for Auditors in the event of Inappropriate Accounting Treatments."
The report has been issued after careful analysis of the recent cases of inappropriate accounting treatments by listed companies, in order to provide the points to be noted by the auditors to appropriately respond to those circumstances.
JICPA will continue to study the specific procedures to be taken by auditors, when inappropriate accounting treatments are noted.