The UK Financial Reporting Council (FRC) has published at the beginning of October a Compendium of illustrative auditor’s reports on United Kingdom private sector financial statements that comprises illustrative examples of auditor’s reports that take into account the latest revisions of the Audit Standards in Great Britain, but also the implementation of new audit standard (ISA 700, ISA 701).
You can view here this paper that can represent a reference source for practitioners and is aimed to become a framework for promoting audit quality, together with another publication of FRC, Description of the auditor’s responsibilities for the audit of the financial statements.
