Пресс релиз к проекту приказа Министра финансов Республики Казахстан « О внесении изменений и дополнений в приказ Министра финансов Республики Казахстан от 24 апреля 2017 года № 272 «Об утверждении процедурного стандарта «Аудит финансовой отчетности»

The Ministry of Finance has developed a draft order of the Minister of Finance of the Republic of Kazakhstan "On Amendments and additions to the Order of the Acting Minister of Finance of the Republic of Kazakhstan dated April 24, 2017 No. 272 "On approval of the procedural standard «Audit of financial statements ".

This draft order provides for the following:

determination of the materiality threshold for the first line of the balance sheet;

it has been brought into compliance with the international standard on auditing ISSAI 1300 in terms of identifying risks with a likely high risk of material misstatement of information;

introduction of new concepts og «reasonable conclusions» in accordance with ISA 200 and «risk assessment procedures» in accordance with ISSAI 1315.