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Addressing the AEG

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Addressing the AEG

In the upcoming steps we will focus on answering the following:

  1. Introducing compulsory periodic rotation of audit partners
  2. Prohibiting audit firms from providing non-audit services
  3. Requiring auditors to issue an expanded/long-form audit report
  4. Introducing a Key Audit Matters section into the audit report

Over to you

Are you familiar with any of these concepts? Can you guess what any of them mean? share your thoughts below.

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Accounting for Today’s Dynamic World

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FutureLearn - Learning For Life