JICPA publishes Public Sector Accounting and Audit Practice Committee Research Report No. 20, "Special Considerations in the Audit of Public Sector Entities"
July 09, 2013
JICPA published, on July 2, 2013, Public Sector Accounting and Audit Practice Committee Research Report No. 20, "Special Considerations in the Audit of Public Sector Entities."
To address the need to specify how special considerations for public sector auditors stated in some practice notes to ISAs are treated in Japan, JICPA published a report on what needs to be considered in financial statement audits of public sector entities, currently designated for independent administrative agencies and national university corporations in Japan. The report also describes in which aspects practical guideline will be required in future for Japanese public sector auditors.
The report is available only in Japanese.