IAASB issues staff audit practice alert on climate-related risks
Released 01 October 2020
The International Auditing and Assurance Standards Board (IAASB) has issued a staff audit practice alert entitled The Consideration of Climate-Related Risks in an Audit of Financial Statement.
The practice alert is designed to assist auditors in understanding what already exists in the International Standards on Auditing (ISA) and how it relates to auditors’ considerations of climate-related risks in an audit of financial statements.
Further information, including a link to the practice alert, can be found at https://www.iaasb.org/news-events/2020-10/iaasb-issues-staff-audit-practice-alert-climate-related-risks.