IFAC raises questions about the claims made in the article, "The Virtues of Mandatory Audit Rotation," and focuses the debate on evidence-based measures to further enhance audit quality--and ultimately the quality of financial reporting--as well as regulatory consistency across jurisdictions.

These conforming amendments to other ISAs were created as a result of the new and revised auditor reporting ISAs. These amendments will become effective for audits of financial statements for periods ending on or after December 15, 2016.