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Less complex entities in the limelight for small firms
The International Auditing and Assurance Standards Board (IAASB) has issued an exposure draft on auditing the financial statements of Less Complex Entities (LCEs). Listen to the latest episode of the Small Firm Philosophy podcast as Samantha Bowling, CPA, CGMA Partner with Garbelman Winslow CPAs provides a high-level overview of the exposure draft, the potential implications for small firms, and what you can do now to participate in the process.
Resources mentioned:
Exposure draft, proposed international standard on auditing of financial statements of Less Complex Entities
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