The Small and Medium Practices (SMP) Committee of the International Federation of Accountants (IFAC) today released the third edition of its Guide to Using International Standards on Auditing in the Audits of Small- and Medium-Sized Entities (ISA Guide). Intended to help practitioners understand and efficiently apply the clarified ISAs to audits of small- and medium- sized entities (SMEs), the updated guide features a number of refinements to the technical content and presentation.
Related links: IFAC Press Release
