File: APC 12-59 (13)

Scope and Content

The file contains a letter from the APC secretary to the APC members containing the ballot draft [and a marked up copy] of the revised auditing standard The audit report, along with a blank ballot slip for the vote on its publication. The file also contains completed APC ballot slips regarding the standard, along with correspondence between APC members and the APC secretary; a file note relating to the vote on the publication of the standard; a photocopy of the draft sent to the Consultative Committee of Accountancy Bodies [CCAB] member bodies [with a note summarising the main issues raised by commentators] and its covering letter; a note on the revision of the standard in response to comments made; letters from: the Chartered Institute of Management Accountants [CIMA]; the Chartered Institute of Public Finance and Accountancy [CIPFA]; the Institute of Chartered Accountants in England and Wales [ICAEW]; and the Institute of Chartered Accountants in Ireland [ICAI]; relating to CCAB approval of the guideline; correspondence with the Chartered Association of Certified Accountants [CACA] concerning the revised standard; correspondence with the Institute of Chartered Accountants of Scotland [ICAS] regarding the drafting of the standard's Appendix; correspondence regarding the ICAEW Technical Directorate discussion of the standard, and the formal approval from the CCAB Board of Directors; correspondence with the Hong Kong Society of Accountants [HKSA] concerning disclaimers of audit opinions; proof copies of the standard, along with correspondence with the ICAEW publications department, and with Accountancy; a published copy of the standard, along with a CCAB press release; a copy of an APC statement, entitled 'The old 'Example 6' form of audit report and the new reporting standard'; letters regarding queries on the revised standard; a photocopy of an article on small company audits from the journal, Accounting and Business Research; a photocopy of background papers on the withdrawal of 'Example 6', faxed from the APC secretary to the chairman of the Review of Reporting Guidance Working Party [RRGWP]; material relating to a meeting with the Inland Revenue.

Access Information

Access conditions apply, part of file closed to public inspection.