IRBA Newsletter Issue 51

Issue 51 | July-September 2020 6 STANDARDS cont. INTERNATIONAL AUDIT AND ASSURANCE STANDARDS BOARD The IAASB Publications Relating to COVID-19 The IAASB staff released several publications to highlight key areas of focus in the current environment, and these may be found on the IAASB COVID-19 webpage . These publications include the following: • Review Engagements on Interim Financial Information in the Current Evolving Environment Due to COVID-19 ; and • Auditing Accounting Estimates in the Current Evolving Environment Due to COVID-19 . IAASB Projects in Progress • Audit evidence. • Technology. • Quality management at firm level (ISQM 1). • Engagement quality review (ISQM 2). • Quality management at engagement level (ISA 220). • Group audits (ISA 600). • Extended external reporting (EER) assurance. • Audits of less complex entities (LCE). • Professional scepticism. Further information on these projects is available on the IAASB website .