IAESB Offers Guidance on Professional Competence for Audit Engagement Partners

On the heels of the Public Company Accounting Oversight Board’s new standards for disclosure of audit engagement partners, the International Accounting Education Standards Board has issued new guidance for the implementation of its own standard, IES 8, Professional Competence for Engagement Partners Responsible for Audits of Financial Statements (Revised).
IAESB Offers Guidance on Professional Competence for Audit Engagement Partners