APB announces withdrawal of various documents

News types: Codes and Standards Announcements

Published: 30 March 2012

APB PN 161
The Auditing Practices Board (APB) of the FRC today announces the withdrawal of the following documents.
Practice Notes
  • PN 14 “The Audit of Registered Social Landlords in the United Kingdom (Revised)” issued in March 2006
    (The APB has recently formed a working party to develop a completely updated Practice Note on this subject)
     
  • PN 27 “The Audit of Credit Unions in the United Kingdom” issued in January 2009
    (This Practice Note has been superseded by PN 27 (Revised) “The Audit of Credit Unions in the United Kingdom” issued in May 2011)
Statement of Standards for Reporting Accountants
  • “APB Statement of Standards for Reporting Accountants Applicable to Small (Charitable) Companies” issued in February 2009 (The legislation giving rise to this Statement has been repealed and the reports that the Standards gave rise to are no longer required)
Bulletins

  • Bulletin 1997/3 “The FRSSE: Guidance for auditors”

  • Bulletin 2000/3 “Departures from Statements of Recommended Practice for the Preparation of Financial Statements: Guidance for auditors”

  • Bulletin 2001/1 “The Electronic Publication of Auditor’s Reports”

  • Bulletin 2002/2 “The United Kingdom Directors’ Remuneration Report Regulations 2002”

  • Bulletin 2002/3 “Guidance for Reporting Accountants of Stakeholder Pension Schemes in the United Kingdom”

  • Bulletin 2005/3 “Guidance for Auditors on First-time Application of IFRSs in the United Kingdom”

The Bulletins have been withdrawn because the references to auditing standards, law and regulations are outdated. However, the substantive guidance may still be useful to an auditor if used in the knowledge that the detailed references are likely to be out of date.

Notes to editors
  1. The Financial Reporting Council (FRC) is the UK’s independent regulator responsible for promoting high quality corporate governance and reporting to foster investment.
  2. The APB is committee to leading the development of audit practice in the United Kingdom and the Republic of Ireland so as to:
    • establish high standards of auditing;
    • meet the developing needs of users of financial information; and
    • ensure public confidence in auditing.

Explore the topics