ISA 315 (Revised 2019) – Overview of Revised Requirements
International Standard on Auditing (ISA) 315 (Revised), Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and its Environment (ISA 315 (Revised 2019)), was issued by the International Auditing and Assurance Standards Board (IAASB) in December 2019 and is effective for audits of financial statements for periods beginning on or after 15…