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Technical Updates • 2023-02-13

Newsletter No. 03. February 2023.ISA 220 (Revised)

In this issue

The International Auditing and Assurance Standards Board (IAASB) has issued Revised International Standard on Auditing (ISA) 220 – Quality Management for an Audit of Financial Statements, which deals with the revised standard that modernizes the approach to quality management and requires the engagement partner and engagement team to be proactive in managing and achieving quality.


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