International Standard on Auditing for Audits of Financial Statements of Less Complex Entities

The ISA for LCE
IAASB
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The ISA for LCE is a standalone global auditing standard designed specifically for smaller and less complex businesses and organizations. Built on the foundation of the International Standards on Auditing, audits performed using this standard provide the same level of assurance for eligible audits: reasonable assurance.

The standard is effective for audits beginning on or after December 15, 2025 for jurisdictions that adopt or permit its use.

Learn more about the standard here: iaasb.org/ISAforLCE

IAASB-Audits-Less-Complex-Entities-LCE-Standard.pdf
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IAASB-Audit-Less-Complex-Entities-LCE-Basis-Conclusions.pdf
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IAASB-Audits-Less-Complex-Entities-LCE-Fact-Sheet.pdf
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IAASB-Audits-Less-Complex-Entities-LCE-Frequently-Asked-Questions.pdf
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IAASB-ISA-for-LCE-Overview-Presentation.pdf
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