A Global Solution for Auditing Less Complex Entities

19 November 2021, 15:00-17:00 Avenue d'Auderghem, 22-28, B-1040 Brussels View on Google Maps

We held an online event with EFAA on the IAASB’s proposed auditing standard for less complex entities (LCE). The IAASB has taken a significant step and proposes a new standalone auditing standard for less complex entities. First, we heard about the objectives and the details of the proposed standard, from the IAASB’s LCE Task Force Chair and then speakers presented perspectives from a practitioner’s, user’s and regulator’s point of view. The event was made possible thanks to the support of IAASB.

Our speakers:
Kai Morten Hagen, Chair of the IAASB LCE Task Force
Monica Stefan, Chamber of Financial Auditors (CAFR) – Romania
Burçak Inel, European Banking Federation
Mark Babington, Financial Reporting Council – UK
Salvador Marín, President, EFAA
Hilde Blomme, Deputy CEO, Accountancy Europe

Watch everything that happened:

A global solution for auditing less complex entities: how to make it work?

  • Opening remarks

    Salvador Marín, President, EFAA
    Hilde Blomme, Deputy CEO, Accountancy Europe

  • ED ISA for LCE presentation

    Kai Morten Hagen, Chair of the IAASB LCE Task Force

  • Fireside sessions

    Mark Babington, Financial Reporting Council , UK
    Burçak Inel, European Banking Federation
    Monica Stefan, Chamber of Financial Auditors (CAFR), Romania

  • Moderated Discussion

  • Closing Remarks

    Hilde Blomme, Deputy CEO, Accountancy Europe
    Paul Thompson, Director, EFAA

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