• Service: Audit, Financial Statement Audit, Accounting Advisory Services, International Financial Reporting Standards (IFRS)
  • Type: Regulatory update
  • Date: 21/10/2010

IFRS In the Headlines

IFRS In the Headlines
In the Headlines (formerly IFRS Briefing Sheets) provide a timely update on International Financial Reporting Standards (IFRS) developments.

IFRS Briefing Sheet 217: European Commission Green: Paper Audit Policy 

This IFRS Briefing Sheet highlights key messages from the European Commission Green Paper Audit Policy: Lessons from the Crisis. In the wake of the financial crisis, the Commission questions whether the role of auditors can be enhanced to mitigate any future financial risk.
In light of what the Commission describes as “weaknesses in the audit sector” it also questions a number of issues around completeness of information, independence and needs of users of the financial information.

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IFRS Briefing Sheets - International financial reporting updates