International Standard on Auditing for Less Complex Entities – How to Enhance Usability: Call for Views
Published: 26 March 2026
Response deadline: 21 May 2026
| Title | International Standard on Auditing for Less Complex Entities – How to Enhance Usability: Call for Views |
|---|---|
| Format | pdf, 194.3 KB. View HTML version |
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Overview
The FRC is calling for stakeholders to share their views on the International Standard for Auditing for Less Complex Entities (ISA for LCE) to inform its ongoing engagement with the International Auditing and Assurance Standards Board (IAASB).
In December 2025 the IAASB launched a project with proposals to maintain the ISA for LCE, which is scheduled to run until June 2027. The FRC considers this a valuable opportunity to address its concerns over the standard, including those identified by its stakeholders – especially where they are using the ISA for LCE for non-statutory audits.
The FRC is therefore seeking to better understand stakeholders’ views on the ISA for LCE, including desired amendments for the standard at an international level. Stakeholders are especially encouraged to share their views on how audits of less complex entities can be delivered more proportionately while providing the same level of assurance and evidence as a full ISA (UK) audit.
This call for views is not exploring the adoption of the current version of the LCE standard in the UK, or on whether a revised version would be adopted. The FRC will consider the adoption of any revised LCE standard issued following the conclusion of the IAASB’s project.
25 August 2026 update
Following the call for views, the FRC published a feedback statement on 25 August 2026.
| Name | Feedback Statement - International Standard on Auditing for Less Complex Entities - How to Enhance Usability: Call for Views |
|---|---|
| Publication date | 25 August 2026 |
| Type | Feedback paper |
| Format | PDF, 268.8 KB. View HTML version |