Page 6 - Peter Herbert News Today

2020/21 Reporting Season: the biggest challenges for auditors 14 December 2020: Auditors are facing a perfect storm of standards and uncertainty this reporting season, from remote auditing to going concern.  The 2020/21 reporting season will be challenging for auditors for several reasons. First, there is the uncertainty created by the pandemic, then the potential impacts of Brexit. After that, you have new standards dealing with the audit of accounting estimates an...