The Auditing Practices Board has issued in draft form (for the purposes of consultation) Practice Note 27: The Audit of Credit Unions in the United Kingdom. In addition to providing guidance on the application of International Standards on Auditing (UK and Ireland), the Practice Note also provides useful guidance on the legal and regulatory framework within which credit unions operate. Further information is available in the accompanying press release. The consultation period ends on 25 September 2008.
Wednesday, 25 June 2008
UK: the audit of credit unions - Auditing Practices Board issues draft practice note
The Auditing Practices Board has issued in draft form (for the purposes of consultation) Practice Note 27: The Audit of Credit Unions in the United Kingdom. In addition to providing guidance on the application of International Standards on Auditing (UK and Ireland), the Practice Note also provides useful guidance on the legal and regulatory framework within which credit unions operate. Further information is available in the accompanying press release. The consultation period ends on 25 September 2008.
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