Reminder: Less Complex Entities Survey Open Until January 14

The IFAC-IAASB less complex entities survey—part of the IAASB’s consultation on audits of financial statements of less complex entities—is open until January 14. While the IAASB encourages all interested stakeholders to respond to the consultation in writing, the survey provides a way to participate and provide feedback that is less time and resource intensive. The survey is available in English, French and Spanish by clicking the language selector in the survey’s top right corner. Survey responses will be analyzed by the IAASB alongside all other feedback and help shape the final standard; individual survey responses are confidential.

For additional information on the IAASB’s proposed new standard for audits of less complex entities, which was issued in July for a six-month consultation, visit iaasb.org/less-complex-entities.