Guest speaker: James Barbour
This session will focus on recent key revisions to the International Auditing and Assurance Standards Board’s (IAASB’s) standards.
James Barbour, ICAS Director, Policy leadership, and Technical Adviser to the UK CCAB, IESBA Board member will present this session and focus on:
1 The revisions to ISA 540 (Revised 2018) Auditing Accounting Estimates and Related Disclosures
2 The revisions to ISA 315 (Revised 2019), Identifying and Assessing the Risks of Material Misstatement
3 The introduction of International Standards on Quality Management 1 and 2, and revisions to ISA 220
4 IAASB Current Projects. These include fraud, going concern, audits of LCEs and group audits.
Mr. Barbour is a member of the UK Government’s stakeholder group for the implementation of EU Audit legislation and a former member of the stakeholder group involved in the implementation of the EU Accounting Directive.
Mr. Barbour regularly represents ICAS at meetings with standard-setting bodies, government bodies, regulators, and others concerning various business and technical issues, such as audit and assurance, corporate reporting, ethics, and Brexit. He is also a member of the UK Financial Reporting Council’s Audit Technical Advisory Group and an Honorary Professor in the Adam Smith Business School at the University of Glasgow.
Profile source: International Federation of Accountants
