This publication, Auditor Reporting – Illustrative Key Audit Matters, has been prepared by the IAASB’s Auditor Reporting Implementation Working Group. The publication is intended to illustrate how the concept of Key Audit Matters (KAM) may be applied in practice in accordance with ISA 701, Communicating Key Audit Matters in the Independent Auditor’s Report.
This brochure provides an overview of the learning and development through which individuals first develop competence leading to performing a role in the accountancy profession.